BSG Bus.Sys.Grp

RNS Number:3577A
Business Systems Group Hldgs PLC
01 July 2004


                      BUSINESS SYSTEMS GROUP HOLDINGS PLC
                            ('the Company' or 'BSG')

                 TRANSFER TO THE ALTERNATIVE INVESTMENT MARKET

The Board of BSG announces today its intention to move from the Official List of
the UK Listing Authority and the London Stock Exchange's market for listed
securities to AIM. The Board believes that AIM, with its lower cost of complying
with continuing obligations is more appropriate for a company of BSG's size.

The AIM Rules require that the Company appoints a nominated adviser and broker
before its shares are admitted to trading on AIM. KBC Peel Hunt has agreed to
act as nominated adviser and broker to the Company.

The Board is aware that there are circumstances which can prohibit shareholders
from investing in shares quoted on AIM. The shares of a company quoted on AIM
cannot be held in Personal Equity Plans or Individual Savings Accounts.
Shareholders are advised to review their position in this respect as soon as
possible.

Application has been made for the Company's issued ordinary share capital to be
admitted to trading on AIM and for their cancellation from the Official List and
cessation of trading on the London Stock Exchange's market for listed 
securities.   It is intended that AIM Admission will become effective at 
8.00 a.m. on 2nd August 2004 and that trading in the Company's shares on the 
London Stock Exchange's market for listed securities will cease at the same 
time.

Enquiries:

Nick Gerard, Chief Executive Officer,
Business Systems Group Holdings plc.
Tel: 0207 390 8500




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

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