RNS Number:0532N
Aberdeen Football Club PLC
02 July 2003



ABERDEEN FOOTBALL CLUB PLC

("Aberdeen" or "the Club")



Cancellation of Admission to the Alternative Investment Market

of the London Stock Exchange ("AIM")



Aberdeen today announces the cancellation of the admission to AIM of its
ordinary share capital as from the close of business on Friday 1 August 2003.

The following is the text of a letter that is being posted to shareholders.

"Dear Shareholder,

Cancellation of Admission to AIM

It is today being announced to the London Stock Exchange that, as from the close
of business on Friday 1 August 2003, the admission of the ordinary share capital
of Aberdeen Football Club plc ("Aberdeen", "the Club" or "the Company") is being
cancelled.

This means that, as from the date of cancellation, investors in the Company will
no longer be able to use the various settlement services of the London Stock
Exchange ("LSE") to buy and sell shares, and that data regarding the Company's
share price will no longer be available through the information services related
to the LSE. Cancellation of admission in no way affects your right to receive
the Company's annual report and to attend, and vote at, the annual and any other
general meeting of shareholders.

Your Board has decided to cancel admission principally on the grounds of cost
but also because of the limited benefit to shareholders that admission was
providing.

We must, each year, pay for our official AIM advisers. In addition, we must
observe strict, and costly, rules regarding the extent, release and
dissemination of financial information. Given the challenging economic
conditions now facing Scottish football, the greater part of our financial
resources should be directed towards success on the field. We can thus no longer
justify all the additional expenses of being a quoted company. We believe this
view will be shared by the great majority of our shareholders who are also our
loyal supporters.

I should also point out to you that, between 1 January 2003 and the close of
business on 20 June 2003, there were only 34 transactions in the Club's shares -
suggesting that even with the share dealing facilities available through AIM,
there has not been an active and frequently used market in the shares. We are
nevertheless conscious that there should be some system that assists
shareholders wishing to deal in their shares. As a result, we have come to
agreement with Bell Lawrie White ("BLW"), presently Aberdeen's Nominated Broker,
whereby they will operate a "matched bargain" market in the ordinary shares of
the Club. This does not mean BLW will act as a market maker, offering firm
prices to those who wish to buy and sell Aberdeen's shares: rather, their role
will be to maintain a record of "buy" and "sell" requests and use their
reasonable endeavours to try and bring buyers and sellers together.

Shareholders needing to deal in Aberdeen's shares after 1 August 2003 may
therefore wish to consider contacting BLW as follows:

                        Bell Lawrie White

                        25 Albyn Place

                        Aberdeen AB10 1YL

                        Telephone:  01224 589345

                        Fax:  01224 573199

                        email:  norman.law@blw.co.uk

The use of BLW's matched bargain services is not obligatory. Shareholders are
always free to buy, or dispose of, their shares by any means they wish. In this
respect, you may wish to note that our Registrars are Lloyds TSB Registrars,
Edinburgh (Tel: 0870 601 5366).

Yours faithfully,

Stewart Milne

Chairman        

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

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