EGM - Resolution Passed to Wind Up Company

Eagles PLC
17 November 1999

                          Eagles Plc ('the Company')

At an EGM of the Company today shareholders voted in favour of the resolutions
set  out  in  the  circular dated 22 October 1999 ('the Circular')  proposing,
inter alia, that the Company be wound up and that the remaining assets of  the
Company be distributed in specie to shareholders.

Accordingly,  dealings in the Company's shares on AIM will be  cancelled  with
effect from 7.00 am on 18 November 1999.