RNS Number:9174B
Ashcourt Holdings PLC
12 August 2004


Ashcourt Holdings plc ("the Company") has today allotted, subject to admission
to AIM, 5,602 ordinary shares of 2p each in consideration for the surrender of
#2,801 of the Company's loan notes and #2,801 of the Ashcourt Asset Management
Ltd. loan notes.

Application for admission has been submitted and dealings are expected to
commence on 18 August 2004.


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

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