Placing of New Ordinary Shares to Raise £1.2m

Flomerics Group PLC 3 July 2000 FLOMERICS GROUP PLC ('Flomerics' or the 'Company') Placing of new ordinary shares to raise £1.2 million The Board is pleased to announce that Teather & Greenwood Limited has placed 137,400 new ordinary shares of one penny each with institutional investors to raise approximately £1.2 million gross. The shares were placed at £8.75 per share and the placing represents 4.69 per cent of the enlarged issued share capital of the Company. The proceeds of the placing will be used to augment the Company's working capital. The new ordinary shares will rank pari passu with the existing ordinary shares of the Company. Application has been made for the new ordinary shares to be admitted to trading on AIM and dealings are expected to commence on 6 July 2000. For further information contact: David Tatchell, Chief Executive Flomerics Group PLC 020 8941 8810 Richard Thompson, Director Teather & Greenwood Limited 020 7426 9073 Tim Thompson/Nicola Cronk Buchanan Communications 020 7466 5000
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