Cancellation of Shares

Personal Group Holdings Plc (`Personal Group')

                          CANCELLATION OF TREASURY SHARES

Personal Group Holdings Plc (the company) has today cancelled 779 ordinary
shares held in treasury.

The company has no shares in treasury and the company's issued share capital
consists of 30,547,161 ordinary shares of 5p each. This number may be used by
shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to
their interest in, Personal Group Holdings Plc under the FSA's Disclosure and
Transparency Rules.

Contact:

Personal Group Holdings Plc
John Barber, FD
Tel: [phone]