Change of Adviser

FOR IMMEDIATE RELEASE 16 August 2005

                 TIMESTRIP PLC ('Timestrip' or the 'Company')                  

                             APPOINTMENT OF BROKER                             

Timestrip announces that it has appointed Athanor Capital Partners Limited as
the Company's broker with immediate effect.

Contact:

Paul Freedman, Chief Executive Officer,

Timestrip plc

+ 44 (0) 1462 440 700

John Frederick, Associate Director,

Athanor Capital Partners Limited

+ 44 (0)20 7 430 1991

Roland Cornish, Chairman,

Beaumont Cornish Limited

+ 44 (0)20 7 628 3396