RNS Number:8339L
Merchant Retail Group PLC
03 June 2003

FOR RELEASE                                              7.00AM
                                     3 JUNE 2003





                           MERCHANT RETAIL GROUP PLC

        (The Specialist Perfumery Retailer and Department Stores Group)



                            APPOINTMENT OF ADVISERS



The Board of Merchant Retail Group Plc is pleased to announce that it has
appointed Dresdner Kleinwort Wasserstein Limited as the Company's sole financial
adviser with immediate effect.   Numis Securities Limited has also been
appointed as the Company's new joint broker.





For further information please contact:



Philip Newton (Chief Executive)                       01494 894 000
Brian Coleman-Smith / Amanda Sheehy                   020 7398 3300
(Beattie Financial)






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