RNS Number:7236N
Ringprop PLC
18 July 2003

RINGPROP



RingProp PLC announces that it has today issued to the market a further 25,000
Ordinary Shares at 152p per share. The proceeds will be utilised as additional
working capital.

Application has been made for these new shares to be admitted to trading on AIM
and it is expected that dealings will commence on 24 July 2003.


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