Purchase of Own Securities

GB Group PLC
22 January 2003


                                GB Group plc 

                           Purchase of Own Shares


GB Group plc today bought for cancellation a total of 22,000 ordinary shares of 
2.5 pence each (representing 0.028 per cent. of the issued ordinary share 
capital of the Company) at a price of 14.4 pence per share.

Following the cancellation of these shares (together with the 50,000 shares
purchased for cancellation on 16 January 2003) there will be 79,593,527 shares
in issue.

The purchase of shares was made pursuant to an authority granted by shareholders 
at GB Group's Annual General Meeting held on 31 July 2002.

 
For further information please contact:

Richard Law 
Chief Executive                          01244 657333

John Constantin 
Company Secretary                        01244 657333


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