WGT Wallgate

RNS Number:7489K
Wigmore Group (The) PLC
07 April 2005


                             The Wigmore Group plc
                                (the "Company")

              Subscription for Ordinary Shares by Burnbrae Limited


The Company is pleased to announce that Burnbrae has subscribed for 416,666,667
new Ordinary Shares at 0.12p per share raising a further #500,000 of working
capital for the Company, on the basis that it has received undertakings from
third parties to acquire all of these shares at the same price. 162,499,998 of
these Ordinary Shares have now been transferred, such that Burnbrae's holding in
the Company's issued share capital has increased to 1,595,075,760 shares
representing 56.6%. The balance of the newly issued shares will be transferred
shortly.


As Burnbrae is a related party of the Company under the AIM rules, the directors
consider, having consulted with the Company's nominated adviser, that the terms
of the subscription are fair and reasonable insofar as its shareholders are
concerned.


For further information please contact:


Paul Doona

Executive Chairman                                   01624 629699


Jonathan Naess

Nabarro Wells                                        0207 710 7400


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

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