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Ennstone PLC (ENN)

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Thursday 26 August, 2004

Ennstone PLC

Offer Update

Ennstone PLC
26 August 2004


              ENNSTONE PLC ("ENNSTONE") - LEVEL OF ACCEPTANCES OF
            THE OFFER ("OFFER") FOR JOHNSTON GROUP PLC ("JOHNSTON")
                                - OFFER EXTENDED

               NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR
              INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR
                            THE REPUBLIC OF IRELAND

By 3.00 pm (London time) on 25 August 2004, Ennstone had received valid 
acceptances of the Offer from the holders of 352,227 Johnston Shares 
(representing approximately 3.25 per cent. of the existing issued share capital 
of Johnston). The Offer, including the Mix and Match Election, has been extended
and the next closing date for the Offer will be 3.00 pm on 8 September 2004.

Immediately prior to the commencement of the Offer Period, Ennstone held 88,798
Johnston Shares, representing approximately 0.82 per cent. of the issued share
capital of Johnston. Accordingly, Ennstone now owns or has an interest in 441,025 
Johnston Shares representing approximately 4.07 per cent. of the existing issued 
share capital of Johnston.

Prior to the commencement of the Offer Period on 29 July 2004, save as disclosed
in the offer document dated 4 August 2004, neither Ennstone nor any person
acting or deemed to be acting in concert with it owned any Johnston Shares (or
rights over such shares) nor since that date (other than as disclosed above) has
Ennstone or any person acting in concert with it acquired or agreed to acquire
any Johnston Shares (or rights over such shares).

This announcement, which is the sole responsibility of Ennstone, has been
approved by Altium Capital solely for the purpose of Section 21 of the Financial
Services and Markets Act 2000.

Altium Capital, which is authorised and regulated in the United Kingdom by the
Financial Services Authority, is acting exclusively for Ennstone as financial
adviser (within the meaning of the Rules of the Financial Services Authority)
and no-one else in connection with the Offer and is not advising any other
person or treating any other person as its client in relation thereto and will
not be responsible to anyone other than Ennstone for providing the protections
afforded to clients of Altium Capital or for providing advice in relation to the
Offer, the contents of this announcement or any other matters referred to
herein.

Terms defined in the offer document dated 4 August 2004 relating to the Offer
bear the same meanings when used in this announcement.

Enquiries:

Ennstone plc
Vaughan McLeod                                                   01332 694 444

Altium Capital Limited
Phil Adams/Paul Lines                                            0161 831 9133




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