Change of Adviser

NWF Group PLC
02 April 2003

2 April 2003

                                 NWF GROUP PLC

                               Change of Adviser


The Board of NWF Group plc (the 'Company') is pleased to announce the
appointment of Charles Stanley & Company Limited as the Nominated Adviser and
Broker to the Company with immediate effect.





Enquiries:



NWF Group plc                         01829 260260
Graham Scott
Chief executive
Alan Fulker
Finance Director



Charles Stanley & Company Limited     020 7739 8200
Mark Taylor





END.






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