RNS Number:0715S
Spring Group PLC
14 November 2003

                                  Spring Group Plc

        Results of Extraordinary General Meeting and additional listing

14 November 2003, London, UK

Result of Extraordinary General Meeting: On 28 October 2003 Spring Group plc 
("Spring" or the "Company"), announced the disposal of its IT training business 
("Spring IT Training") to Vidyah Inc., a related party.  The disposal was 
subject to approval by Spring's independent shareholders at the Extraordinary 
General Meeting, which was held earlier today.  The resolution put to the 
shareholders of the Company to approve the disposal was duly passed at the 
meeting.  As a consequence, the disposal of Spring IT Training is expected to 
complete on Monday, 17 November 2003.


Additional Listing:  Application has today been made for the admission of
4,211,421 new ordinary shares of 10p each in Spring (the "New Spring Shares"),
to the Official List of the UK Listing Authority and to trading on the London
Stock Exchange.


The New Spring Shares are being issued pursuant to requests by Intermediate
Capital Group Plc, and Intermediate Capital Limited (together "ICG") to convert
#3.0 million, being all of the convertible unsecured loan stock of Spring into
New Spring Shares. The convertible unsecured loan stock was issued to ICG as
part of the consideration payable, by the Company, for the acquisition of the
trading subsidiaries of Best International Group plc in June 2003.


The New Spring Shares will rank pari passu in all respects with the existing
ordinary shares of 10p each in the Company and it is expected that trading in
the New Spring Shares will commence on Monday, 17 November 2003.


For further information please contact:


Spring Group Plc
Richard Barfield                                         020 7655 8605

Robert W. Baird Limited
Nicholas Naylor                                          020 7488 1211

Financial Dynamics Limited
Ben Atwell / Lucy Briggs                                 020 7831 3113


Notes to Editors


Spring Group plc:


Spring Group plc specialises in IT and general recruitment and workforce
management. Spring has over 8,000 contractors and temporary staff working for
its customers today and has placed more than 3,000 permanent staff in the last
12 months.


Spring's IT Staffing business delivers its services to customers through
sector-focused teams and with a wide range of tailored services, including
on-site, managed service, and master vendor programmes.


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