07 June 2004

The Clapham House Group is pleased to announce that all resolutions were passed at its EGM, held today.

The company has raised £7.0 million (before expenses) in new funds as a result of the placing of 5 million new ordinary shares of 10 pence each. Dealings are expected to commence on the 11th June 2004.

Paul Campbell, chief executive of CHG, said:

We are delighted with the support investors have shown in this fundraising. This puts CHG in a strong position to take advantage of the opportunities that are arising in the UK restaurant sector.