RNS Number:1683S
Danka Business Systems PLC
17 November 2003



Embargoed for release until 5.30pm                            17th November 2003



                           DANKA BUSINESS SYSTEMS PLC
                                        
                           ("Danka" or the "Company")

                DANKA ANNOUNCES ISSUANCE OF PARTICIPATING SHARES
                                        

Danka Business Systems PLC announced today that it has issued an aggregate of
4,488 new 6.5% senior convertible participating shares of $1.00 each to the
existing participating shareholders of the Company in satisfaction of the
payment-in-kind dividend due on Danka's participating shares for the period
ended 14 November 2003.

                                    - ends -

Enquiries:

Danka Business Systems PLC                                         020 7605 0150
Paul Dumond, Company Secretary    
                              
Weber Shandwick Square Mile                                        020 7067 0700
Katie Hunt

About Danka

Danka delivers value to clients worldwide by using its expert technical and
professional services to implement effective document information solutions. As
one of the leading independent providers of enterprise imaging systems and
services, the company enables choice, convenience, and continuity. Danka's
vision is to empower customers to benefit fully from the convergence of image
and document technologies in a connected environment. This approach should
strengthen the company's client relationships and expand its strategic value.
For more information, visit Danka's web site at www.danka.com.

Certain statements contained in this press release, including statements related
to Danka's future business and financial performance, are forward-looking. Such
statements reflect the current views of Danka with respect to future events and
are subject to certain risks, uncertainties and assumptions that could cause
actual results to differ materially from those reflected in the forward-looking
statements. Readers are cautioned not to place undue reliance on these forward
looking statements, which reflect management's analysis only as of the date they
are made.

Danka is a registered trademark and Danka @ the Desktop is a trademark of Danka
Business Systems PLC. All other trademarks are the property of their respective
owners.



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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