RNS Number:0178M
Redstone PLC
06 June 2003
                                       
                                        
                   Redstone plc ("Redstone" or the "Company")
                                        
                                       
                Share consolidation and Long Term Incentive Plan
                                        
                                        
                                  Result of EGM


The Board is pleased to announce that all resolutions in relation to the
proposed share consolidation and the adoption of a proposed Long Term Incentive
Plan were passed at the Extraordinary General Meeting held today at 11.00a.m.


Consequently, with effect from Monday 9 June 2003, every 10 existing ordinary
shares of 0.1 p each will be consolidated into one new ordinary share of 1 p
each.


Redstone will announce its preliminary results for the year ended 31 March 2003
on Monday 9 June 2003.





6 June 2003


Enquiries:


Redstone plc:

Ian Brown
                                    0845 200 2200

Christopher van den Heuvel


ICIS:

Archie Berens
                                    0207 628 1114




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            The company news service from the London Stock Exchange

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