Bloomsbury Publishing PLC
23 November 1999
BLOOMSBURY PUBLISHING PLC (the 'Company')
CASH PLACING
The Company announces that it has raised £3.3 million (before
expenses) by way of an institutional placing of 661,480 new
ordinary 5p shares ('New Ordinary Shares') at £5.00 per share.
The net proceeds will be used to fund working capital
requirements.
Application has been made for the New Ordinary Shares to be
admitted to the Official List and admission is expected to
become effective on 29 November 1999.