RNS Number:3373S
Medical Marketing Int'l Group PLC
21 November 2003


FOR IMMEDIATE RELEASE                                                                                21 NOVEMBER 2003



                    MEDICAL MARKETING INTERNATIONAL GROUP PLC

               INSTITUTIONAL PLACING RAISES FURTHER #0.85 MILLION



Medical Marketing International Group plc (MMI) the Cambridge, UK-based
technology management company (LSE:MMG) announces that at a board meeting held
today 1,841,858 ordinary shares of 0.2p each in the Company were allotted
pursuant to a placing by J.M. Finn & Co, to new institutional shareholders at a
price of 46 pence per share, raising approximately #0.85m before expenses.



MMI announced on 10 November that it had raised #1.012 million, before expenses,
through a placing of 2,409,142 shares at a price of 42 pence per share.



Application will be made today for the new shares to be admitted to the
Alternative Investment Market (AIM).  The placing is conditional on admission,
which is expected to become effective on 26 November  2003.  When issued, the
new shares will rank pari passu in all respects with the Company's existing
ordinary shares. Following the placing, MMI will have a total of  46,885,763
ordinary shares in issue.



David Best, Chairman of MMI, commenting on this placing said:  "I am delighted
that we have been able to fully utilise the authority given to us by our
shareholders at our recent AGM and have raised a total of nearly #2 million in
the last few weeks. It is especially pleasing that both existing and new
institutional shareholders have contributed to this placing.



These new funds should enable us to accelerate development within the Group and
will be applied, in particular, to progressing technologies in our Oncosense and
Viratis subsidiaries towards clinical trials, enhancing the facilities at our
Bioscience Innovation Centre in Cambridge and recruiting additional pharma
industry experienced staff."



For further information, please contact:


David Best - Executive Chairman
MMI Group                                                                         Tel: +44 (0)1223 477677
www.mmigroup.co.uk

Lisa Baderoon
Buchanan Communications                                                          Tel: +44 (0)20 7466 5000
lisab@buchanan.uk.com




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