Acquisition

Anite Group PLC
22 March 2001


For immediate release                                             22 March 2001


                          Anite Group plc ('Anite')

    Anite acquires banking and finance consultancy for up to £3.8 million

Anite, the European IT consultancy and services company, today announces that
it has entered into an agreement to acquire the entire issued share capital of
Eurowise PP Limited ('Eurowise'), a company specialising in implementation,
training and consultancy in the Banking and Finance sector, for a maximum
consideration including earnout of £3.8 million. The consideration comprises
an initial consideration of £1,050,000, plus a maximum earnout of £2.75
million payable on the achievement of various profit targets to 30 April 2004.

The initial consideration is payable as to £250,000 in cash and as to £800,000
by the issue and allotment to the sellers of 507,937 ordinary shares of 10
pence each in the capital of Anite ('Anite Shares'). The earnout is also to be
satisfied by the issue and allotment to the sellers of Anite Shares.

John Hawkins, Anite's Chief Executive said: 'Our consultancy and
implementation business in the banking and finance sector has grown strongly
in the last three years, particularly in continental Europe. This acquisition
follows Anite's strategy to extend our offering into the UK.'
For the further information please contact:                       www.anite.com

Anite Group Plc                                                   0118 945 0121
John Hawkins, Chief Executive
Simon Hunt, Finance Director

Golin/Harris Ludgate                                              020 7324 8888
Edward Macquisten/Reg Hoare