Harrier Group PLC
10 April 2000
HARRIER GROUP PLC
Proposed Fund Raising
The Board of Harrier Group plc notes the recent rise in the market price of
Harrier Shares. The Board wishes to announce that during the early part of
last week meetings were held with investors with a view to arranging finance
to fund an acquisition which is anticipated will be announced during this
week.
The price at which the conditional financing has been agreed is at a
significant discount to the current market price and reflects the market
conditions prevailing at that time.