RNS Number:2013S
RAC PLC
18 November 2003


RAC plc convenes meetings of noteholders



RAC plc has today posted a circular to holders of its Floating Rate Loan Notes
2004 convening meetings to be held on 12 December 2003 at 11 a.m. and 11.10 a.m.
at The Montcalm Hotel, Great Cumberland Place, London W1, to consider two
resolutions concerning the extension of the term of the Notes from 22 July 2004
to 22 July 2010.

A total of #20.7m of Loan Notes are outstanding and the proposed amendments to
the conditions governing the Notes are intended to provide Noteholders with
additional flexibility by enabling them to hold Loan Notes for an extended
period.

Copies of the circular are available from the Secretary at RAC House, Boston
Drive, Bourne End, Bucks SL8 5YS.

18 November 2003

website: www.racplc.co.uk

Contact:
Niall Addison, Group Finance & Investor Relations Manager, RAC plc tel. 07764
624 701


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