Purchase of own Securities

Panther Securities PLC
24 July 2002



                                                                 24th July, 2002





             PANTHER SECURITIES P.L.C. ('Panther' or 'the Company')


                           Purchase of own securities





The Company announces that, pursuant to the authority granted at the Annual
General Meeting on 13th June, 2002, on 23rd July, 2002 the Company acquired
25,000 Ordinary Shares of 25p each in the Company at a price of 147.5p per share
for cancellation.








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