Alea Group Holdings (Bermuda) Ltd. Announces Transaction in Own Shares


HAMILTON, Bermuda, March 24, 2004 (PRIMEZONE) -- On 23 March 2004 Alea Group Holdings (Bermuda) Ltd. bought 19,540 of its own common shares for cancellation at a price of 257p each. The repurchase is made pursuant to a call right contained in a set of contractual arrangements agreed with former employees, which are fully disclosed within the Listing Particulars.

There are 174,679,095 common shares in issue following this repurchase.

George P. Judd

Company Secretary, Alea Group Holdings (Bermuda) Ltd.

(RIS item disseminated by London Stock Exchange)


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