Share Capital

FEEDBACK PLC
29 September 1999


                                 FEEDBACK PLC                                 
                         - Changes in share capital -                         

Feedback PLC announces that following the receipt of a conversion notice 5,000
10 per cent. (net) Convertible Redeemable Cumulative Preference Shares of £1
have been converted into 25,000 Ordinary Shares of 10p each in the Company.

The issued share capital of the Company following this conversion is 1,129,843
10 per cent. (net) Convertible Redeemable Cumulative Preference Shares and
10,573,621 Ordinary Shares.