RNS Number:5808U
Watermark Group PLC
23 January 2004

Watermark Group Plc

Further to the announcement of the proposed acquisition of Air Fayre, Watermark
Group Plc is pleased to announce the satisfaction of the Banking Condition,
which involved the completion of certain security arrangements under the
Company's banking facilities by 23 January 2004.  It is therefore anticipated
that the Prospectus will be despatched to Shareholders early in the week
commencing 26 January 2004.


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