OFEX APPOINTS FURTHER EX-LSE CONSULTANT

OFEX is pleased to announce the appointment Cyril Theret as a consultant to
OFEX, and also as a founder member of the proposed OFEX Advisory Panel, to be
created in early 2004. Until recently, Mr Theret was Business Development
Manager in the International Marketing Department for the London Stock Exchange
("LSE"), with responsibility for developing and implementing the LSE's North
America marketing strategy business and marketing plan, establishing
relationships with top overseas investment banks, lawyers and accounting firms.
During this time, he also managed roadshows, media campaigns and liased with
overseas exchanges. Previous roles at the LSE include Institutional Business
Development and also market supervision on AIM. 

Jonathan Jenkins, Joint Managing Director of OFEX plc said: "Cyril's expertise
dovetail perfectly with a number of OFEX's key domestic and international
projects as we move into 2004 and beyond. We are obviously also delighted he
will be a founder member of the OFEX Advisory Panel, and look forward to
working with him in the New Year".

The full details of the OFEX Advisory Panel will be released as they become
available. The Panel will meet quarterly and will be tasked with providing a
forum for key OFEX community members to feedback, advise and debate on market
issues.

NOTES TO EDITORS

ABOUT OFEX

OFEX plc operates the OFEX market in the United Kingdom.  The OFEX market
provides a share trading platform for the securities of unlisted and unquoted
companies.  OFEX plc is authorised and regulated by the Financial Services
Authority. In its brief history, OFEX has created a market in which over 450
companies have raised over GBP1bn using the broad membership of Member
corporate advisers and broker/dealers.  

OFEX Holdings plc successfully floated on the London Stock Exchange's
Alternative Investment Market in late April 2003.

For further information please contact Jonathan Jenkins on 020 7423 0800 or
enquiries@OFEX.com    



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