William Jacks applies to transfer share dealings to AIM

The Board of William Jacks PLC has announced it intends to apply to cancel the listing of the Company's entire issued share capital from the Official List of the UK Listing Authority and simultaneously apply to be admitted to the Alternative Investment Market of the London Stock Exchange (AIM).

It is expected that the shares will de-list from the Official List and commence trading on AIM on or about 26 September 2003. William Jacks' Board's decision was influenced by the potential cost reductions from the simplified administration and reporting requirements of the AIM.