Share Conversion

FEEDBACK PLC
16 August 1999

                                 FEEDBACK PLC                                 
                         - Changes in share capital -                         

Feedback PLC announces that following the receipt of conversion notices
167,500 10 per cent. (net) Convertible Redeemable Cumulative Preference Shares
of £1 have been converted into 837,500 Ordinary Shares of 10p each in the
Company.

The issued share capital of the Company following this conversion is 1,209,289
10 per cent. (net) Convertible Redeemable Cumulative Preference Shares and
10,176,391 Ordinary Shares.