RNS Number:3968S
European Motor Hldgs PLC
24 November 2003





                  European Motor Holdings plc (the "Company")
                              Issue of Equity


The Company announces that on 24 November 2003 it issued and allotted 10,000
ordinary shares of 40 pence each in the Company as a result of the exercise of
options under the Company's 1990 Share Option Scheme.  As a result of this
exercise there are currently 53,408,710 ordinary shares in issue. Application
will be made at the earliest practicable opportunity for admission of the new
ordinary shares to the Official List of the London Stock Exchange.


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

IOENKQKDCBDKPDB