RNS Number:8908T
White Young Green PLC
06 January 2004


WHITE YOUNG GREEN PLC


RESULTS OF PLACING AND OPEN OFFER


On 4 December 2003, White Young Green Plc ("White Young Green" or "the Company")
announced details of a Placing of 3,787,879 Ordinary Shares and an Open Offer of
up to 5,210,141 Ordinary Shares at 165 pence per share.



The Open Offer has now closed in accordance with its terms.  The Board of White
Young Green announces that valid acceptances under the Open Offer has been
received from Qualifying Shareholders in respect of 2,064,979 Open Offer Shares.
This represents approximately 39.6 per cent. of the Open Offer Shares offered
pursuant to the Open Offer.



The Open Offer, as described in the Prospectus dated 4 December 2003, was not
underwritten and therefore the Open Offer Shares representing entitlements not
taken up under the Open Offer will not be issued. The Board is pleased with the
take up under the Open Offer, particularly as a number of the Company's existing
institutional investors participated in the Placing and Qualifying Shareholders
which included vendors of previously acquired businesses and other employee
Shareholders were not expected to be in a position to take up their entitlements
under the Open Offer.



The total number of new Ordinary Shares that are to be issued pursuant to the
Placing and the Open Offer is 5,852,858 , that will raise approximately #9.7
million before expenses for the Company. Following the Placing and the Open
Offer there will be 37,113,707 Ordinary Shares in issue.



The Placing and the Open Offer are now unconditional except for Admission which
is expected to occur no later than 8.00 a.m. on 7 January 2004.  N M Rothschild
& Sons Limited acted as Sponsor and Financial Adviser and Williams de Broe Plc
acted as Stockbroker in relation to the Placing and Open Offer.



Press Enquiries:


John Purvis, Managing Director and Chief Executive          Tel: 0113 278 7111
Bob Hartley, Finance Director
White Young Green Plc

David Forbes / David Wilton                                 Tel: 0113 200 1900
N M Rothschild & Sons Limited


Ian Stanway / Ross Andrews                                  Tel: 0121 609 0050
Williams de Broe Plc


Tim Anderson /Rebecca Skye Dietrich                         Tel: 020 7466 5000
Buchanan Communications



N M Rothschild & Sons Limited, which is regulated in the United Kingdom by the
Financial Services Authority, is acting solely for White Young Green in relation
to the Placing and the Open Offer and no one else and will not be responsible to
anyone other than White Young Green for providing the protections afforded to
clients of N M Rothschild & Sons Limited nor for providing advice in relation to
the Placing and the Open Offer.



None of the New Ordinary Shares has been or will be registered under the United
States Securities Act of 1933, as amended, nor under the applicable securities
laws of any state of the United States, any province or territory of Canada,
Japan, South Africa, the Republic of Ireland or Australia.  Accordingly, the New
Ordinary Shares may not be offered, sold or delivered within the United States,
Canada, Japan, South Africa, the Republic of Ireland or Australia.



This press announcement has been issued by White Young Green and is the sole
responsibility of White Young Green.




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