Result of Open Offer

World Sport Group PLC
17 January 2003

                             World Sport Group Plc

                              Result of Open Offer


On 23 December 2002, World Sport Group Plc ('WSG' or 'the Company') announced
the terms of an open offer, by Seymour Pierce Limited, of 13,854,210 open offer
shares at an issue price of 15p per share to raise £2.08 million (before
expenses) for working capital purposes.

The Board of WSG is pleased to announce that the take up by qualifying
shareholders under the open offer, which closed at 3.00 p.m. on 15 January 2003,
was 1,405,640 shares. The remainder will be taken up by the underwriters at 15p
per share.

Dealings in the open offer shares are expected to commence on 21 January 2003.
The placing and open offer are conditional on the passing of the resolutions at
the Extraordinary General Meeting of the Company to be held at 10.00am on 20
January 2003.


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