RNS Number:9135I
Ferraris Group PLC
19 March 2003




For Immediate Release


19 March 2003





                              FERRARIS GROUP PLC:



                          US Medical Device Award Win



                     Admission to techMARK All-Share Index





Ferraris Group Plc ("Ferraris"), the medical diagnostics and life sciences
group, announces that its recently launched PiKo-1, the world's smallest
electronic peak flow meter for asthmatics, has won an award in the US Medical
Design Excellence Awards 2003 for the Best over-the-counter and Self-care
Product.



This is the only awards programme devoted exclusively to recognising
contributions and advances in medical devices.  Award winners, chosen by an
impartial panel of multi-disciplined jurors, excel in areas of product
innovation, design and engineering achievement, end-user benefit and
cost-effectiveness in manufacturing and healthcare delivery.



Ferraris also announces that it has now joined the London Stock Exchange
techMARK and techMARK mediscience groups, effective from 18 March 2003. As a
result, the company should be eligible to join the FTSE techMARK All-Share Index
and FTSE techMARK mediscience Index at their next quarterly review.



Steven Mills, Chief Executive of Ferraris Group plc said:



"Inclusion within techMARK, and more specifically within techMARK mediscience,
is an important affirmation of Ferraris' transition to a dedicated healthcare
company. We hope that this classification will allow us to benefit from a
clearer peer group comparison, providing a focal point for investors seeking to
track the market performance of growing healthcare companies."



ENDS




Ferraris Group plc                                      Binns & Co PR Ltd
Steven Mills, Chief Executive                           Paul McManus

Tel:       0121 782 6000                                Tel:       020 7786 2802
Mobile: 07831 677067                                    Mob:     07980 541 893
www.ferraris.co.uk                                      www.binnspr.com






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

MSCNKCKKCBKKAND