Change of Adviser

Teather & Greenwood Holdings PLC
03 March 2003

TEATHER & GREENWOOD HOLDINGS PLC
3 MARCH 2003

Appointment of Adviser

Teather & Greenwood Holdings plc is pleased to announce the appointment of
Bridgewell Securities Limited as the Company's retained financial adviser and
broker.  The appointment is with immediate effect.

Enquiries:

Teather & Greenwood Holdings plc           Tel:           [phone]
Ken Ford/Nick Stagg

Bridgewell                                 Tel:           [phone]
Ben Money-Coutts



END


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