HCEG Healthcare Ent.

RNS Number:6941N
Healthcare Enterprise Group PLC
17 June 2005

Healthcare Enterprise Group PLC

("HCEG" or the "Company")


Earn-out Issue of Shares - MDS Meets Performance Targets


Further to the announcement by the Company on 7th January 2004 of the
acquisition of Medical Development Specialists Inc ("MDS"), HCEG is pleased to
announce that certain earn-out conditions under the terms of the acquisition
have been met and accordingly HCEG has allotted 320,000 new ordinary shares, at
a price of 77.93 pence per share, in the capital of the Company to the sellers
of MDS.

Application has been made for the new ordinary shares to be admitted to AIM,
bringing the issued share capital of the Company to 150,931,426. Trading is
expected to commence at 8.00am, 22 June 2005.


                                                                    17 June 2005

Enquiries:

Healthcare Enterprise Group PLC                   020 7351 7500
John Bradshaw, Group Finance Director

College Hill
Corinna Dorward                                   020 7457 2020


Notes

HCEG is quoted on the UK AIM stock market with its head office in London.   HCEG
is a business engaged in medical product distribution, occupational health,
first aid and medical consultancy markets.  These businesses underpin a range of
innovative medical devices, which will be introduced to the market via HCEG's
own distribution network on an international basis.



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