Result of Tender Offer

Triad Group PLC
18 October 2002

                        Triad Group Plc (the 'Company')

                             Result of Tender Offer

1. Result of Tender Offer

On 2 October 2002 the Company announced that it proposed to return up to £2.385
million of surplus cash to shareholders by way of a tender offer (the 'Tender
Offer') to be made by Evolution Beeson Gregory Limited ('EVBG') for up to
9,000,000 ordinary 1p shares in the Company ('Ordinary Shares') and the
subsequent purchase and cancellation of the tendered shares by the Company. The
results of the Tender Offer and the subsequent purchase and cancellation of the
tendered shares by the Company are set out in paragraph 3 below.

A circular, together with a form of proxy and tender form, dated 2 October 2002
was posted to shareholders containing full details of the Tender Offer and
including notice of an extraordinary general meeting to authorise the Company's
purchase of up to 9,000,000 Ordinary Shares. The extraordinary general meeting
was held at 3.00 p.m. today and the results are set out in paragraph 2 below.

2. Result of Extraordinary General Meeting

The Company is pleased to announce that the ordinary resolution proposed at the
extraordinary general meeting of the Company held today was approved by
shareholders.

Accordingly, the Company has now been granted the authority by shareholders to
purchase not more than 9,000,000 Ordinary Shares at 26.5p per Ordinary Share.

3. Result of Tender Offer and the Company's Purchase of Ordinary Shares

The Company is pleased to announce the results of the Tender Offer which closed
at 3.00 p.m. on Thursday, 17 October 2002. Tenders have been received for a
total of 6,602,735 Ordinary Shares or 30.35 per cent. of the total number of
Ordinary Shares in issue at a price of 26.5p per Ordinary Share. The settlement
date for purchases of Ordinary Shares made under the Tender Offer will be no
later than Monday, 28 October 2002.

Following closure of the Tender Offer and the approval of the resolution
proposed at the extraordinary general meeting the Company has purchased
6,602,735 Ordinary Shares at 26.5p per Ordinary Share from EVBG, being the
Ordinary Shares acquired by EVBG under the Tender Offer. The purchased Ordinary
Shares will be cancelled in accordance with the Companies Act 1985.



18 October 2002

For further information please contact:

John Rigg, Non-executive Chairman                                   01483 860222
Mira Makar, Chief Executive                                         01483 860222
Ed Senior                                    City Profile          020 7448 3244
Simon Courtenay                              City Profile          020 7448 3244








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