RNS Number:5587K
Terrace Hill Group PLC
30 April 2003

TERRACE HILL GROUP PLC ("the Company")



Proposed Repurchase of Shares

The Company plans to propose, at the time of issue of its report for the half
year ending today, a further repurchase of up to 1,250,000 ordinary shares at a
price of 17.25p each, being the current mid-market price. The proposed
repurchase will give priority to 673,945 shares, if tendered, being those
tendered in excess of 750,000 at a price of 16.25p, or withdrawn from that
tender, as referred to in the announcement of 5 March 2003. The results for the
six months ending 30 April 2003 will be released by the end of July 2003.



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