Result of EGM

MITIE Group PLC
16 March 2001

16 MARCH 2001



                  MITIE GROUP PLC ('MITIE' or the 'Company')

                   Result of Extraordinary General Meeting

         Sub-division of share capital approved by MITIE shareholders

At an Extraordinary General Meeting of MITIE held on 1 March 2001 the
Company's shareholders duly approved the proposed sub-division of each
existing ordinary share of 5p each in the capital of the Company into two new
ordinary shares of 21/2 p each. As a result of the sub-division, the Company's
authorised share capital of £8,500,000, which is currently 170,000,000
ordinary shares of 5p each, will become 340,000,000 new ordinary shares of 2
1/2 p each.

Accordingly, application has been made to the UK Listing Authority and the
London Stock Exchange for the entire issued share capital of MITIE to be
admitted to the Official List and to trading on the London Stock Exchange as
new ordinary shares of 21/2 p each. The Company's register of shareholders
will be closed, and the sub-division of share capital is due to become
effective, at the close of business on 2 April 2001. The register of
shareholders will re-open, and dealings in the new ordinary shares of 21/2 p
each are expected to commence, on 3 April 2001. Shareholders who hold their
existing MITIE shares in uncertificated form will have their relevant CREST
accounts credited with their entitlements to new MITIE shares on the first day
of dealings in the new MITIE shares. Definitive share certificates for new
MITIE shares will be posted to shareholders who hold their existing MITIE
shares in certificated form by 10 April 2001.