RNS Number:4056H
Durlacher Corporation PLC
12 February 2003



12 February 2003


                           Durlacher Corporation Plc


                 Results of Placing and Offer for Subscription


Durlacher Corporation Plc ("Durlacher" or "the Company") is pleased to announce
the result of the Placing and Offer for Subscription, detailed on 23 December
2002.  Valid applications have been received from investors in respect of
4,000,500 New Ordinary Shares at #1 per New Ordinary Share through the Placing
and Offer for Subscription raising a gross amount of #4,000,500.


Admission of the New Ordinary Shares to the UKLA and to trading on the Official
List of the LSE is expected to take place on Friday 14 February 2003.



                                      ends



For further information contact:


Christopher Stainforth, CEO, Durlacher Corporation Plc        0207 459 3600
Sophie Dawn, Marketing / Communications, Durlacher Corp Plc   0207 459 5762
David Rydell/Billy Clegg, Bell Pottinger Financial            0207 861 3232
Jonathan Naess, Nabarro Wells                                 0207 710 7412




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