Share Conversion

FEEDBACK PLC
5 August 1999
                                 FEEDBACK PLC                                 
                         - Changes in share capital -                         

Feedback PLC announces that following the receipt of a conversion notice 7,500
10 per cent. (net) Convertible Redeemable Cumulative Preference Shares of £1
have been converted into 37,500 Ordinary Shares of 10p each in the Company.

The issued share capital of the Company following this conversion is 1,383,789
10 per cent. (net) Convertible Redeemable Cumulative Preference Shares and
9,303,891 Ordinary Shares.