RNS Number:7999S
Market Age PLC
03 December 2003

Debt reduction by conversion to equity and annual report and accounts



The Board of The Market Age plc ("the Company") announce that at a meeting of
Loan Note Holders held at the registered office of the Company on Tuesday 2
December, Loan Note Holders passed a resolution to reduce the outstanding
#703,890 6% Loan Note to #70,389 Loan Note with the same coupon; and to accept
equity as consideration for agreeing to this variation on the basis of 1
ordinary share of 1p each in the capital of the Company ("Ordinary Share") for
every #4 original nominal value of Loan Note held.



As a result of this and other agreements the Board expect to be able to issue
the audited accounts for the year ended 28 February 2003 and the interim
accounts for the six months ended 31 August 2003 within a short period.  Once
these have been published the suspension in trading in the Company's shares on
AIM will be lifted.




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

STRNKNKNKBDDBBK