RNS Number:7896S
Abacus Group PLC
03 December 2003

Abacus Group plc ("the Company")

Share Options

The following Executive Directors were granted unapproved share options on 1
December 2003 as detailed:
Martin Kent             -       182,758

Peter Griffith-Jones    -       155,172

Graham McBeth           -       125,000

The options to acquire ordinary shares in the Company have been granted at an
exercise price of 232p, being the average mid-market price of the preceding
three working days, and are exercisable after 1 December 2006 for seven years.

These options will vest and become exercisable subject to the satisfaction of
the following conditions:

      * employment by the relevant Executive Director for the three years
        performance period from the date of grant; and
      * growth in Earnings Per Share must be at least 4% greater per annum
        than the rate of inflation over the initial three year period, subject
        to further re-testing on the fourth and fifth anniversaries of the
        grant.

For further information please contact Gavin van der Pant, Abacus Group, plc on:
01635 515790


                      This information is provided by RNS
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