RNS Number:4840M
Mallett PLC
18 June 2003

MALLETT PLC

18 JUNE 2003



                    Mallett plc ("Mallett" or the "Company")



The Company announces that the Mallet Share Incentive Plan ("the Plan")acquired
15,000 ordinary shares of 5 pence each in the Company at 225 pence per share
which equates to 0.10% of the issued share capital. The directors of the company
are potentially beneficiaries to the Plan.


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