Additional Listing

Peel Hldgs PLC
25 November 2002





Peel Holdings plc (the 'Company')
Application for Admission - Conversion of Convertible Preference Shares



Application has been made to AIM for the listing of 19,089 ordinary shares of
25p each ('Shares'), arising from the exercise of conversion rights to the 5.25%
(net) Convertible Cumulative Non-voting Preference shares of £1 each.



These Shares will rank pari passu with the existing ordinary shares in issue and
admission is expected to take place on 28 November 2002.





25 November 2002



END


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