Additional Listing

Billam PLC
8 December 2000



                       RNS Announcement 8 December 2000


                                  Billam Plc




The directors of Billam Plc today announced that distributions of shares and
cash have been made to creditors in line with provisions of the Company
Voluntary Arrangement (CVA), agreed 30 May 2000. This enables the Supervisor
to end the CVA.


Pursuant to the above distribution of shares, application has been made for
18,084,860 ordinary shares of 0.1p nominal value to be admitted to trading on
AIM. Admission is expected to take place on 13 December 2000.


The directors are delighted that the process has been completed successfully
and within the original budget and timescale. They wish to thank the
Supervisor and partners at KPMG, for all their help and assistance. Creditors
and shareholders of the Company, at 30 May 2000, have made material
recoveries.


As a result of the CVA the Company's balance sheet is significantly
strengthened as will be seen when the report and accounts for the year to 31
December 2000 are published in 2001.


For further details please contact: Peter Hoskins 020 7702 5544