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Weatherly Int. (WTI)

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Monday 30 July, 2001

Weatherly Int.


Weatherly International PLC
30 July 2001

                         Weatherly International plc

                        ('Weatherly' or the 'Company')

Fred J Buglione has today been appointed the Finance Director of Weatherly and
Chief Financial Officer of its subsidiary Weatherly Securities Corporation.

Fred graduated from St John's University, New York, with a degree in
Accounting and Finance and then completed a course of study at the New York
Institute of Finance in Brokerage, Accounting, Finance, Operations, Regulatory
& Compliance.

Fred brings a wealth of experience as a securities industry executive with
hands on experience of Finance, Accounting, Regulatrory Rules and Reporting,
Compliance, Operations, Margins, Sales, Risk Management and Credit.

Fred started his career with the New York Stock Exchange in 1971 before moving
to Merrill Lynch & Co. Inc. in 1976, where he held a number of positions until
1992. In 1992 Fred took up a Management Consultancy role with Baring
Securities and Salomon Brothers and then assumed the role of Chief Financial
Officer and Treasurer at Garban/MKI Securities Corporation, New York in
1994-1995. Fred then moved to Republic New York Securities, New York, where he
was the Chief Financial Officer between 1995 and 2000. Following a brief spell
as a mangement consultant, Fred was appointed the Chief Operating Officer at
Weatherly in December 2000.

In accordance with the AIM Rules, the current and past directorships (within
the last five years) of Fred are as follows:


Weatherly International plc

Weatherly Securities Corporation Inc


Broadcort Capital Corporation Inc.

Wagner Stott Clearing Corporation Inc.

Securities Options Corporation Inc.

Fred has not been declared bankrupt, does not have any unspent convictions in
relation to indictable offences, has never been disqualified by a court from
acting as a director and has not been the subject of any public criticism by
any statutory or regulatory authority. There have been no receiverships or
liquidations of companies or partnership of which Fred was a director or
partner at the time of, or within the twelve months preceding, such
receiverships or liquidations.


Weatherly International plc                                001 212 412 7200

Jack Najarian, Chairman                                    001 212 412 7216

Seymour Pierce Limited                                    020 7648 8700

Ewan Leggat

Biddicks                                              020 7448 1000

Zoe Biddick