GFF Griffin Grp.

RNS Number:8769Z
Griffin Group PLC
17 June 2004


FOR IMMEDIATE RELEASE                                               17 June 2004

                               GRIFFIN GROUP plc

                       ("Griffin Group" or "the Company")

                            Significant Shareholding

The Company was informed on 14 June 2004 that on that 11 June 2004 Mark More
O'Ferrell sold 800,000 Ordinary Shares, resulting in a total holding of
2,680,000 Ordinary Shares or approximately 6.78% of the Company's issued
ordinary share capital.

The Company was informed on 16 June 2004 that further to a disposal of Ordinary
Shares, Mr More O'Ferrall no longer has a significant holding in the Company's
issued ordinary share capital.


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

END
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