Result of EGM

Dinkie Heel PLC
19 April 2004

                                 Dinkie Heel plc



                                 Result of EGM



Dinkie Heel plc (the 'Company') announces that, at the EGM held today,
shareholders passed all the resolutions set out in the notice of EGM contained
in the circular sent to shareholders on 26 March 2004.



On 26 March 2004, the Company announced a placing of 95,800,000 Placing Shares
at 1p each raising a total before expenses of £958,000 and a Cancellation of
Loan Notes in which holders of £330,000 of Loan Notes agreed to cancel them in
consideration for the issue of 33,000,000 Loan Note Shares at 1p each.



Application has been made to the London Stock Exchange for the admission of the
Placing Shares and Loan Note Shares (together, the 'New Ordinary Shares') to
trading on AIM, which is expected to take place on 20 April 2004.



At a subsequent board meeting of the Company, David Horner and Peter Cook were
appointed as Directors of the Company, and Andrew Stowey, Martyn Stowey and
Robert Mitchell stood down from the board.



David Horner and Peter Cook hold or have held the following directorships or are
or have been partners of the following partnerships within the five years prior
to the date of this document:



David Alistair Horner (aged 44)



Current Directorships and Partnerships



Talisman First VCT

CFA Capital Group plc

Chelverton Asset Management Limited

Colinette Holdings Limited

Athelney Trust plc

The Quoted Companies Alliance



Past Directorships and Partnerships



Robert H. Lowe plc

Microquoted Growth plc

Bishopsgate Amalgamations Limited

MGT Trading Limited



Peter George Cook (aged 52)



Current Directorships and Partnerships



KHK Services Limited

Man Bytes Dog Limited



Past Directorships and Partnerships



DLA Worldwide Limited

DLA Recruitment Limited

Gordon Brown & Associates Limited

Assurity (Holdings) Limited

Assurity Solutions Limited

ICM Assurity Limited

EBS Realisations Limited



Peter Cook was a director of EBS Realisation Limited when it went into members'
voluntary liquidation on 12 September 1997. There was no shortfall to creditors.




Peter Cook resigned as a part-time director of DLA Worldwide Limited ('DLA') and
certain of its subsidiaries on 2 October 2000. He had been appointed as a
director by certain of the institutional investors in DLA to restructure the
business. He resigned when the Board of DLA determined to seek admission to AIM.
This did not occur, and administrative receivers were appointed to DLA and its
subsidiaries on 1 May 2001. The shortfall to creditors of DLA was estimated at
£4.65 million.



Following the Placing, David Horner is interested in 20,000,000 New Ordinary
Shares representing approximately 13.8 per cent. of the Enlarged Issued Ordinary
Share Capital and Peter Cook is interested in 7,000,000 New Ordinary Shares,
representing approximately 4.8 per cent. of the Enlarged Diluted Issued Ordinary
Share Capital.



There are no other disclosures to be made in accordance with rule 15 of the AIM
Rules.


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