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Web Shareshop (SVE)

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Friday 15 December, 2000

Web Shareshop

Appointment of Director

Web Shareshop (Holdings) PLC
15 December 2000


AGREED ANNOUNCEMENT - Friday 15 DECEMBER 2000 -
The  Board of Web Shareshop (Holdings) plc ('Web Shareshop')
is  pleased  to announce the appointment of Bill Jackson  as
Chairman  and Chief Executive.  Bill has extensive marketing
and  management experience and an excellent track record  in
early  stage business development.  He was most recently  at
MoneyWorld, the online financial services magazine, which he
co-owned and sold at the end of 1999.

The  appointment  of  Bill  Jackson,  who  joins  the  Board
immediately, permits the founding team to step back from the
day-to-day  management of the business as it approaches  the
operational launch of its 'Placings Club'.  The software for
this   innovative  product,  designed  to   enable   private
investors  to  participate  in new  issue  placings,  is  in
development and the launch is expected to be in March  2001.
Accordingly,  the  Board announces the  retirement  of  John
Woolgar  as  Development Director and John  McNair  as  Non-
executive  Chairman.  Andrew Neubauer  also  steps  down  as
Managing   Director,  but  will  remain  on  the  Board   as
theexecutive director responsible for technology.

The   Board  would  like  to  thank  John  Woolgar  for  his
commitment to the purposes and goals of Web Shareshop.   The
business  was  born  out of his vision and  he  has  applied
enormous energy and determination in bringing his concept to
its  present  state  of preparedness for  launch.   He  will
continue to make available his detailed knowledge of the new
issues market to the Company.  He looks forward to assisting
Bill  Jackson  in  all aspects of the launch  and  continued
activity of the Placings Club.

Bill  Jackson commented: 'I am grateful to all the Directors
for  the  opportunity to lead Web Shareshop  into  the  next
phase  of its development.  The immediate challenge for  Web
Shareshop  is  to  demonstrate private investor  demand  for
placings  and  to build on initial positive  reactions  from
many  sponsors  to this significant innovation  in  the  new
issues  market. Web Shareshop is also determined to  empower
private investors through further initiatives which I  shall
announce over the coming months.'

John  McNair  commented:  'It  is  excellent  news  for  Web
Shareshop  that  Bill  Jackson will be leading  the  Company
through  its  next phase of development.  He  has  the  full
support of all the continuing and retiring directors in  his
new appointment.'

John  Woolgar added:  'I have the utmost confidence in  Bill
Jackson  whom I have known for some years.  I recruited  him
to  the Web Shareshop and, in terms of business development,
I am delighted to step down in favour of his highly relevant
experience and profitable track record.'

13 December 2000


WILLIAM JOHN JACKSON - WEB SHARESHOP
  
  
  
  (i)  the director's full name, any previous names and age;
       William John Jackson.  Age 61 - 01/11/39
  (i)  the names of all companies and partnerships of which
       the director has been a director or partner at any time in
       the previous five years, indicating whether or not the
       director is still a director or partner;
       The MacDonald Partnership PLC - director.
       MoneyWorld(UK) Ltd - director. The Richmond
       Consultancy Ltd.  W Jackson Associates - partner.
       Still a partner in W Jackson Associates and director
       of Richmond Consultancy Ltd.
  (ii) any unspent convictions in relation to indictable
       offences;  No
 (iii) details of any bankruptcies or individual voluntary 
       arrangements of such director; None
  (iv) details of any receiverships, compulsory liquidations,
       creditors voluntary liquidations, administrations, company 
       voluntary arrangements or any composition or arrangement with its
       creditors generally or any class of its creditors of any company 
       where such director was at the time of or within the 12 months 
       preceding such events;  Director of Telepress Ltd which was put 
       into a creditors voluntary liquidation in 1990.
   (v) details of any compulsory liquidations, administrations or 
       partnership voluntary arrangements of any partnerships where such 
       director was a partner at the time of or within the 12 months 
       preceding such events;  None
  (vi) details of receiverships of any asset of such director or of a 
       partnership of which the director was a partner at the time of or 
       within the 12 months preceding such events;  None, and
 (vii) details of any public criticisms of such director by statutory or 
       regulatory authorities (including recognised professional bodies),  None,
(viii) and whether such director has ever been disqualified by a court from     
       acting as a director of a company or from acting in the management or    
       conduct of the affairs of any company.  No