Issue of Participating Shares

16 May 2006 11:54

Danka Business Systems PLC16 May 2006 For immediate release 16 May 2006 DANKA BUSINESS SYSTEMS PLC ("Danka" or the "Company") DANKA ANNOUNCES ISSUANCE OF PARTICIPATING SHARES Danka Business Systems PLC announced today that on 15 May 2006 it issued anaggregate of 5,271 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 May 2006. - 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. This information is provided by RNS The company news service from the London Stock Exchange