WGT Wallgate

RNS Number:9118E
Wigmore Group (The) PLC
05 November 2004


                    Result of Extraordinary General Meeting


Approval by Shareholders of Waiver of Obligation for Burnbrae to make mandatory
offer under Rule 9 of the Takeover Code

The Board of Wigmore announces that at the EGM of the Company convened by the
circular to Shareholders dated 13 October 2004 ("Circular") and held on 5
November 2004 all resolutions were duly passed. In particular, Resolution 1,
giving approval of the waiver granted by the Panel of the obligation that would
otherwise arise for Burnbrae to make a general offer to Shareholders as a result
of the issue to Burnbrae of new Ordinary Shares pursuant to the Proposals and
the CRULS, was passed by way of a poll, in which Burnbrae did not vote.

Immediately following the EGM, Burnbrae's holding of shares, convertible
securities and warrants in Wigmore, expressed in terms of entitlement to
Ordinary Shares, was as follows:

Instrument                              Number

Ordinary Shares                         939,393,939
CRULS                                   636,363,636
Warrants                                828,787,879


On the basis that Burnbrae exercises all its conversion or subscription rights,
as detailed above, and that no other third party exercises any such rights,
Burnbrae's total holding in the equity of Wigmore would be 2,404,545,455
Ordinary Shares, representing 75.47% of the enlarged issued share capital of the
Company.

Pursuant to the New Investment Agreement Burnbrae is obliged to subscribe for a
further 181,818,182 Ordinary Shares on 20 December 2004, following which
Burnbrae's total holding in the equity of Wigmore will increase to 2,586,363,636
Ordinary Shares, representing (on the same basis as above) 76.79% of the
enlarged issued share capital of the Company.

Application has been made for the 666,666,666 shares issued to Burnbrae pursuant
to the Placing to be admitted to trading on AIM and it is anticipated that these
shares will be so admitted on 11 November 2003.

Terms defined in the Circular shall bear the same meanings in this announcement.



For further information please contact:

Peter Hewitt, Executive Chairman                        01293 423 301
Robert Lo, Nabarro Wells & Co. Limited                  020 7710 7400




Note to Editors:

The Wigmore Group PLC (LSE: WGT) is a focussed support services group deriving
its business from a mixture of term contracts with good covenants, after-sale
housing services, domestic and commercial building insurance solutions, and
speciality contracting. It provides business to business building and
maintenance services to both the public and private sectors as well as fast
track design, construction and property refurbishment services to the leisure
and hotel sector throughout the UK.

www.wigmoregroup.com

The Wigmore Group plc has three principal subsidiaries:

www.speymill.com
www.fnpm.co.uk
www.dfblanchard.com


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