Corporate Action

Rap Group PLC
2 March 2001

ENTITLEMENT ISSUE
SECURITY TITLE
*Ord Shs
MNEMONIC CODE           *RAP
SEDOL CODE              *720-836
TERMS                   *1 New Ordinary Share for every 1 Existing Ordinary
                         Share held at 15p.
EX DATE                 *02-03-01
RECORD DATE             *27-02-01
RECEIPT OF APPLICATION FORMS *23-03-01 3:00pm
DEALING COMMENCE NEW SHARES *28-03-01
NOTES *