RNS Number:4467T
Conister Trust PLC
18 December 2003


                               Conister Trust PLC

                      Issue of shares to fund new business


The Directors of Conister Trust PLC are pleased to announce that the Company has
raised #0.8 million of additional capital through the placing of 3,076,924 new
shares. The issued share capital now stands at 27,983,011 shares. These shares
have been allotted subject to their admission to trading on AIM, and such
admission is expected to take place on 24 December 2003.

Peter Hammonds, Executive Chairman, states "I am delighted that these new shares
raise a significant amount of additional capital which will be leveraged to grow
and diversify our lending in 2004. The growth will be focused in the litigation
funding market, where the Company finances the costs incurred by clients in
support of legal claims. These clients are introduced to us by solicitors and
our loans are backed by insurance policies. This is a market relatively new to
the Company, where we see an opportunity to grow and deliver an enhanced
performance to our shareholders".

Additional Information:

The authorised share capital of Conister Trust PLC is 32,000,000 of which
2,909,091 shares have been ear-marked for the Employee Share Option Scheme

Contact Details:

Peter Hammonds  Executive Chairman, Conister Trust PLC    01624 694688
Gareth Jones    Executive Director, Conister Trust PLC    01624 694664
Adam Hart       KBC Peel Hunt Ltd                         020 7418 8909


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

END
LISBLBDDIBBGGXI