RNS Number:4373H
Straight PLC
17 January 2005

17 January 2005


                           Straight plc ('Straight')


 Result of Extraordinary General Meeting in connection with the acquisition of
                        Blackwall Limited ('Blackwall')


Straight announces that, at the Extraordinary General Meeting held today, all
the resolutions in connection with the acquisition of Blackwall were approved by
shareholders.


As a consequence, 3,846,154 Ordinary shares in connection with the placing are
expected to be allotted to mainly Institutional placees and 576,923 Ordinary
shares, in respect of part of the consideration for Blackwall, are expected to
be allotted to the vendors of Blackwall in accordance with the Acquisition
Agreement.


Application has been made for these shares, which will rank pari passu with
existing shares in issue, to be admitted to AIM, and it is expected that
admission will become effective on 18 January 2005.


Commenting at the Meeting, James Newman, Straight's Chairman said, 'I am
delighted that shareholders have overwhelmingly supported this acquisition and
we now look forward to merging the two businesses over the next few months'.


Contacts:


Simon Mountford Communications

Simon Mountford                                            01347 844844


Durlacher Ltd

Matthew Robinson / Katherine Roe                           020 7459 3600



ENDS


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

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