RNS Number:0804P
Monsoon PLC
27 August 2003


                                                                  27 August 2003

                                   Monsoon plc

                         Further re. Stoneycroft Offer
      and Potential transfer to the Alternative Investment Market ("AIM")

Further to the announcement made by Stoneycroft on 30 July 2003 regarding the
close of the offer by Stoneycroft Limited ("Stoneycroft") to sell put options
over issued shares in Monsoon plc ("Monsoon" or "the Company") representing 20%
of Monsoon's issued share capital ("the Offer"), the Company has obtained
clarification from the UK Listing Authority ("UKLA") as to the Company's ability
to maintain a listing on the Official List of the UKLA ("the Official List").

Should some or all of the put options acquired under the Offer be exercised to a
level such that the combined holdings of Peter Simon, Stoneycroft and the trust
in which Peter Simon and his family have an interest (together "the Simon Family
Interests") are above 75.0 per cent. of the issued share capital of Monsoon,
this will result in Monsoon no longer fulfilling the requirement of the UKLA
that at least 25 per cent. of a company's issued share capital must be in public
hands in order to maintain a listing on the Official List. The UKLA has
confirmed that once the level of shares in public hands falls below the required
25 per cent. threshold, Monsoon will be required to delist from the Official
List unless the Company can provide evidence as to the steps it will take to
increase the number of shares in public hands back above the required level.

As at the close of business on Tuesday 26 August 2003 the Simon Family Interests
owned approximately 73.4 per cent. of the issued share capital of Monsoon and
had issued unexercised put options in respect of a further 19.1 per cent. The
Company understands that it is not the current intention of Stoneycroft or Peter
Simon to take any action that would result in a decrease in their respective
shareholdings in the foreseeable future. Accordingly, and as has been previously
indicated, the Company will seek admission to AIM as soon as reasonably possible
if the shares in public hands fall below the 25 per cent. threshold. In
addition, Stoneycroft has stated that it would support any initiative by the
Board of Monsoon to maintain a publicly quoted share price by transferring to
AIM if Monsoon shares become ineligible for a continued listing on the Official
List.

Enquiries

Gavin Anderson & Company
Laura Hickman - 020 7554 1400
Charlotte Stone - 020 7554 1400

Close Brothers Corporate Finance
Simon Tomlinson - 020 7655 3100





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