GFF Griffin Grp.

RNS Number:6553B
Griffin Group PLC
05 August 2004



For Immediate Release                                             5 August 2004

                               Griffin Group plc
                          ("Griffin" or the "Company")

The Board of Griffin, the UK and US based investment banking business, announces
that today the shares of Eurocapital plc ("Eurocapital"), a cash shell in which
Griffin has a 27.78 per cent. shareholding, were admitted to AIM. Eurocapital's
strategy is to find a suitable company or business or investment to acquire.
Eurocapital's investment criteria are that the target should be profitable or
have significant asset value and should operate in a sector that has
opportunities for consolidation or further development. Following admission,
Griffin expects to introduce potential investment opportunities to Eurocapital.

Enquiries:
Stephen Dean, Chairman Tel: 00 34 605 282211
Adrian Stecyk, Chief Executive Tel: 001 646 258 7269

ENDS




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

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