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Legendary Invest PLC (LEG)

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Wednesday 24 May, 2000

Legendary Invest PLC

Acquisition of Legends Surf Shops Shares Complete

Legendary Investments PLC
24 May 2000

                  Legendary Investments plc
                              
           Completion of Acquisition of Shares in 
                   Legends Surf Shops plc

                              
Further  to  the  announcement on 25 April  2000,  Legendary
Investments plc ('Legendary'), announces that all conditions
relating  to  completion of its investment in  Legends  Surf
Shops  plc  ('Legends'), an extreme board  sports  retailer,
having  now been satisfied, it has acquired today 10,000,000 
ordinary shares  in Legends  for an aggregate  consideration 
of £550,000, payable in cash.

At  completion,  the  vendors  will  subscribe  for  411,184
ordinary shares at a price of 12.16p per share, amounting to
£50,000 in aggregate.

Application has been made for the 411,184 ordinary shares 
being issued to be admitted to trading on AIM and dealings 
are expected to commence on 30 May 2000.


Enquiries:

Legendary Investments plc               Tel: 020 7743 6010
Shami Ahmed, Chief Executive

Seymour Pierce                          Tel: 020 7648 8700
Sarah Wharry

                                                                                                                          

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