Issue of Participating Shares

17 Feb 2005 15:30

Danka Business Systems PLC17 February 2005 For immediate release 17 February 2005 DANKA BUSINESS SYSTEMS PLC ("Danka" or the "Company") DANKA ANNOUNCES ISSUANCE OF PARTICIPATING SHARES Danka Business Systems PLC announced today that on 16 February 2005 it issued anaggregate of 4,863 new 6.5% senior convertible participating shares of $1.00each to the existing participating shareholders of the Company in satisfactionof the payment-in-kind dividend due on Danka's participating shares for theperiod ended 14 February 2005. - ends - Enquiries:Danka Business Systems PLC 020 7605 0150Paul Dumond, Company Secretary Weber Shandwick Square Mile 020 7067 0700Helen Thomas About Danka Danka delivers value to clients worldwide by using its expert technical andprofessional services to implement effective document information solutions. Asone of the largest independent providers of enterprise imaging systems andservices, the company enables choice, convenience, and continuity. Danka'svision is to empower customers to benefit fully from the convergence of imageand document technologies in a connected environment. This approach willstrengthen the company's client relationships and expand its strategic value.For more information, visit Danka at www.danka.com. Certain statements contained in this press release, including statements relatedto Danka's future business and financial performance are forward-looking. Suchstatements reflect the current views of Danka with respect to future events andare subject to certain risks, uncertainties and assumptions that could causeactual results to differ materially from those reflected in the forward-lookingstatements. Readers are cautioned not to place undue reliance on these forwardlooking statements, which reflect management's analysis only as of the date theyare made. This information is provided by RNS The company news service from the London Stock Exchange