Issue of Equity

European Motor Hldgs PLC
2 May 2002


                  European Motor Holdings plc ("the Company")


                                  Issue of Equity


The Company announces that on 2 May 2002 it issued and allotted 25,000 ordinary
shares of 40p each in the Company as a result of the exercise of options by a
retiring employee under the Company's 1990 Share Option Scheme. Application will
be made at the earliest practicable opportunity for admission of the new
ordinary shares to the Official List of the London Stock Exchange.




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