Purchase of Own Securities

Montpellier Group PLC
24 September 2001

The Company announces that on 21 September 2001, pursuant to the authority
granted by shareholders at the extraordinary general meeting of the Company
held on 7 March 2001, it purchased 50,000 of its own ordinary shares of 10p
each at a price of 23p per share.

Following the above purchase there are now 61,013,538 ordinary shares in
issue.