Expansion ofBrokingActivities

W.H. Ireland Group PLC 17 January 2001 W. H. IRELAND GROUP PLC ('W.H. Ireland') ANNOUNCES EXPANSION OF INSTITUTIONAL BROKING ACTIVITIES W.H. Ireland Group, the Manchester-based stockbroker which obtained a quotation on AIM in July 2000, is today delighted to announce the expansion of its institutional broking capability with the addition of a team headed by Peter Dzedzora. The team joins from Henry Cooke. At the time of its flotation, W.H. Ireland stated that a key objective was to build its position in corporate broking and corporate finance, areas which offer high growth potential and in which the group currently has only a limited presence. This expansion is part of the group's strategy to broaden its range of activities. The appointment of the three-man team of Peter Dzedzora, David Gorman and Roger Jones is an important step towards achieving this objective. Peter Dzedzora, aged 38, will be appointed a Director of W. H. Ireland Limited. He was formerly a Director of Henry Cooke Lumsden plc where he worked from 1993. He has worked in both equity research as a smaller companies analyst and in institutional sales. Peter began his career in stockbroking with BWD Rensburg. David Gorman, aged 36, joined Henry Cooke as an investment analyst in 1996. David has an MBA from Manchester Business School. He specialises in smaller companies. In the Reuters UK Smaller Companies Survey 2000, he achieved a ranking in the top ten analysts in the chemicals sector. Roger Jones, aged 47, has worked in stockbroking for the last 25 years, latterly in institutional sales. He has substantial experience in institutional and corporate broking particularly in the smaller companies arena. During his career, he has worked for Greig Middleton & Co and James Capel. The new team will have an equity participation in W. H. Ireland from the outset. These appointments follow the expansion of W. H. Ireland's investment research capability over the final quarter of 2000, when the group added three analysts. These were: Audrey Carroll, who joined from Henry Cooke and is now head of research at W. H. Ireland; Alison Rennie, who was previously at Greig Middleton & Co writing equity research on smaller companies and Barry Dawes, who specialises in the analysis of the mining and resources sectors and has considerable experience gained from working with Bankers Trust Australia Limited, Bain Deutsche Bank and Macquarie Bank Limited. Laurie Beevers, Chief Executive of W. H. Ireland, commented: 'We are delighted to welcome Peter, David and Roger to W. H. Ireland. They make up a well-respected team with excellent institutional client contacts and a proven track record. They will add significantly to our current research and broking capability and we see this development as a terrific opportunity for us to accelerate our ambitions to grow our corporate broking and corporate finance operations.' ENDS Enquiries: W. H. Ireland: Laurie Beevers Chief Executive Tel: 0161 832 6644 David Youngman Managing Director Biddick Associates: Katie Tzouliadis Tel: 020 7448 1000
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