Issue of Equity

Libra Retail PLC
30 March 2005


LIBRA RETAIL PLC ('LIBRA' OR THE 'COMPANY')

30 MARCH 2005

ISSUE OF EQUITY


The company has issued and allotted, subject to admission, 5,000,000 new
ordinary 0.1p shares at par to Teather & Greenwood Limited ('Teather & Greenwood
').

As a result of this notification, Teather & Greenwood owns a total holding of
the enlarged issued class of 5,000,000 which represents a total percentage
holding of 8.90%.

The new ordinary shares will rank pari passu with the existing ordinary shares
of the Company.  Trading is expected to commence on AIM on 4 April 2005.


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