Doc re. conversion rights

R.E.A.Hldgs PLC
24 May 2004


R.E.A. Holdings plc

DOCUMENT RE exercise of conversion rights relating to the 4% convertible loan
stock 2012.


A copy of the above document has been submitted to the UK Listing Authority, and
will be shortly available for inspection at the UK Listing Authority's Document
Viewing Facility, which is situated at:


Financial Services Authority,
25 The North Colonnade,
Canary Wharf,
London,
E14 5HS
Telephone: [phone]





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