Share Capital

FEEDBACK PLC
10 August 1999


                                 FEEDBACK PLC                                 
                         - Changes in share capital -                         

Feedback PLC announces that following the receipt of conversion notices 7,000
10 per cent. (net) Convertible Redeemable Cumulative Preference Shares of £1
have been converted into 35,000 Ordinary Shares of 10p each in the Company.

The issued share capital of the Company following this conversion is 1,376,789
10 per cent. (net) Convertible Redeemable Cumulative Preference Shares and
9,338,891 Ordinary Shares.