RNS Number:2062J
Gyrus Group PLC
17 April 2000


Not for release, distribution or publication in or into the USA, Canada,
Australia or Japan


GYRUS GROUP PLC ("GYRUS")

RESULT OF OPEN OFFER

On 14 March 2000, Gyrus announced the terms of a Placing and Open Offer of
12,907,447 new ordinary shares at 350p per share to raise approximately #43
million (net of expenses of the Placing and Open Offer).

Valid applications were received from Qualifying Shareholders for 6,718,059
new ordinary shares, representing 52.0 per cent. of the new ordinary shares
being offered.

The remaining 6,189,388 new ordinary shares have been taken up by
institutional investors with whom they were placed under the Open Offer.

Dealings in the new Ordinary Shares commenced today at 8.00 a.m. 

Enquiries:

Gyrus Group PLC
John Bradshaw, Finance Director
Analyst, broker and shareholder enquiries
Tel: 01222 300100
Fax:: 01222 300101
Email: john.bradshaw@gyrus.co.uk  
     
Nomura International plc
David Porter, Head of Healthcare Corporate Finance
Charles Spicer, Director, Healthcare Corporate Finance
Tel: 020 7521 2000
Fax:: 020 7521 3699
Email: charles.spicer@nomura.co.uk   
    
Jean Garon PR
Press enquiries
Tel: 01628 483040
Mobile: 0836 227446
Fax:: 01628 486796
Email: jean@garonpr.demon.co.uk       


Nomura International plc, which is regulated by The Securities and Futures
Authority Limited, is acting exclusively for Gyrus Group PLC and no-one else
in relation to the Placing and the Open Offer and will not be responsible to
any other person for providing protections afforded to customers of Nomura
International plc or for advising any such person in relation to the Placing
or the Open Offer.

With Compliments
Jean Garon PR
Tel: (01628) 483040
Fax: (01628) 486796
E-Mail: jean@garonpr.demon.co.uk


END

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