Share Placing Raises £3.3m

Bloomsbury Publishing PLC
23 November 1999


           BLOOMSBURY PUBLISHING PLC (the 'Company')
                               
                         CASH PLACING
                               
The  Company announces that it has raised £3.3 million (before
expenses)  by way of an institutional placing of  661,480  new
ordinary 5p shares ('New Ordinary Shares') at £5.00 per share.
The  net  proceeds  will  be  used  to  fund  working  capital
requirements.

Application  has been made for the New Ordinary Shares  to  be
admitted  to  the Official List and admission is  expected  to
become effective on 29 November 1999.