Disposal

Anite Group PLC 06 January 2003 For immediate release Monday, 6 January 2003 ANITE GROUP plc Completion of disposal of loss making German subsidiary Further to its announcement dated 20 December 2002, Anite Group plc ('Anite'), the worldwide IT solutions and services company, announces that on 1 January 2003 it completed the sale of its loss making German subsidiary, Anite Consulting GmbH ('ACG'), previously known as GMO and part of its Consultancy division, to its management team for a nominal consideration. John Hawkins, Chief Executive of Anite Group plc, commenting on the disposal, stated: 'We are delighted to have completed the sale of ACG to its management. The disposal will enable Anite to focus its continuing management and resources in Germany on developing the faster growing and higher margin elements of its Consultancy division whilst eliminating the substantial recent losses made by ACG.' - Ends - For further information, please contact: www.anite.com Anite Group plc 0118 945 0129 John Hawkins, Chief Executive Neil Bass, Group Financial Controller Ian Tait, Managing Director of International Operations Weber Shandwick / Square Mile 020 7067 0700 Sara Musgrave This information is provided by RNS The company news service from the London Stock Exchange
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