WGT Wallgate

RNS Number:0949C
Wigmore Group (The) PLC
18 August 2004


                             The Wigmore Group plc
                       ("Wigmore Group" or "the Company")

                    Conversion of Loan Notes by Burnbrae Ltd

The Board of Wigmore Group is pleased to announce that Burnbrae Limited
("Burnbrae") has converted the remainder of its original #300,000 loan note in
the Company by the conversion of #105,300 of loan notes into 95,727,273 new
ordinary shares.

Burnbrae now holds 272,727,273 ordinary shares in Wigmore Group, which
represents approximately 27.85% of the enlarged issued share capital of the
Company.

The Company will make application for the 95,727,273 new ordinary shares of
0.01p each to be admitted to trading on AIM and admission is expected to occur
on 24 August 2004.

Enquiries:

Peter Hewitt, Executive Chairman     Tel: 01293 423 301
Jeremy Porter, Seymour Pierce Ltd    Tel: 020 7107 8000





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

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