RNS Number:3300P
American Opportunity Trust PLC
03 September 2003


American Opportunity Trust PLC


The Registrars have advised that on 29 August 2003 (the Conversion Date)
3,939,238 units of Zero Coupon Convertible Unsecured Subordinated Loan Stock
2003/2006  were converted into 3,939,238 Ordinary shares of 12.5p per share.
3,939,238 Ordinary shares were allotted on  2 September 2003 and application is
today being made for the listing of these shares on the Official List.

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