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Jelf Group PLC (JLF)

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Monday 09 October, 2006

Jelf Group PLC

Issue of Equity

Jelf Group PLC
09 October 2006

Jelf Group plc ('Jelf' or 'the Group')

Jelf announces that Michael King has granted the Jelf Employee Benefit Trust an
option to buy 500,000 ordinary shares of 1 pence each ('Ordinary Shares') held
by him at 183 pence per Ordinary Share. Michael King holds 2,945,803 Ordinary
Shares. This option is exercisable by the EBT between 22 March 2008 and 21 March

Jelf also announces that the Group has issued 133,701 ordinary shares of 1 pence
each pursuant to the exercise of warrants at 81 pence per share. An application
has been made for these shares to be admitted to trading. Admission of these
shares is expected to take place on 13 October 2006. As a result the Company now
has 24,514,941 ordinary shares in issue.

                      This information is provided by RNS
            The company news service from the London Stock Exchange