Result of Equity Issue

Knowledge Technology Solutions PLC 4 December 2000 KNOWLEDGE TECHNOLOGY SOLUTIONS PLC ('KTS') Results of the Offer for Subscription and Commencement of Trading on The Alternative Investment Market ('AiM') Following the closure of the Offer, the Directors announce that a total of 14,554,548 Ordinary Shares of 0.1p each have been applied for under the Offer raising £ 654,955 gross. Accordingly, applications have been allotted in full and the first day of dealings in the shares on AIM will be Monday 4 December 2000. KTS develops proprietary software which processes data, adds value to business information and delivers a tailored solution, using the Internet as the communications infrastructure. The technologies are optimised to meet the needs of mobile communication and focus on Application Service Provision ('ASP') and Wireless ASP (WASP') solutions. The Group also provides online financial publishing and B2B services through www.sharepages.com. Marc Pinter-Krainer, Chief Executive, commented: 'We now have in place innovative technologies and a dynamic team capable of supporting our rapid development. We have already identified a number of opportunities to accelerate growth and welcome our new shareholders at this stage in the company's development.' Enquiries: Knowledge Technology Solutions PLC Tel: 020 8795 2700 Dr Marc Pinter-Krainer, Chief Executive Beaumont Cornish Limited (Nominated Adviser) Tel: 020 7628 3396 Roland Cornish Hichens, Harrison & Co PLC (Nominated Broker) Tel: 020 7588 5171 Dennis Bailey College Hill Associates Tel: 020 7457 2020 Nick Nelson Note: Because of much publicised postal and communication problems in the UK, the Directors have extended the Offer (in accordance with its terms) to include any postal applications with post marks until 1st December 2000, and the shares which may be allotted in respect of any such applications will be traded on AiM as soon as practicable. A separate announcement in respect thereof will be made in due course.
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