Directors' Dealings

MSW Technology PLC 1 February 2000 MSW TECHNOLOGY PLC DIRECTORS' SHAREHOLDINGS Following completion of the Rights Issue, MSW Technology plc announces that the interests of the Directors of the Company, which have been notified to the Company pursuant to Sections 324 or 328 of the Companies Act 1985 ('the Act'), and of all persons connected with the Directors (within the meaning of Section 346 of the Act), in ordinary shares of 5p each ('Ordinary Shares') and warrants to subscribe for Ordinary Shares at a price of 78p per Ordinary Share ('Warrants'), which would if the connected person were a Director be required to be disclosed under the Act, are as follows: Name No of Ordinary Percentage of No of Percentage of Shares Share Capital Warrants Warrants J I Lang 110,000 (*) 0.89% 50,000 2.44% R M Drummond 957,400 (**) 7.70% 140,400 6.85% R Wakefield 1,301,650 10.47% 25,000 1.22% S C Thorne 158,400 1.27% 26,400 1.29% J Debnam 260,800 2.10% 126,800 6.18% Notes: (*) Mr Lang holds 5,000 Ordinary Shares and 2,500 Warrants less than anticipated in the Company's Prospectus dated 29 November 1999 relating to the Rights Issue ('the Prospectus'). A senior employee of the Company subscribed for these Ordinary Shares and Warrants. (**) Mr Drummond is interested in 57,500 Ordinary Shares and 28,750 Warrants less than anticipated in the Prospectus because, in accordance with his undertaking to the Company, he procured subscribers for some of his entitlement to Ordinary Shares and Warrants under the Rights Issue. Those subscribers were not connected with him within the meaning of Section 346 of the Act. The interests of Mr Drummond include 335,550 Ordinary Shares and 65,925 Warrants held by Darien Management Limited, a company which is owned by trustees of a trust of which Mr Drummond is a member of a class of discretionary beneficiaries, but which is not connected with Mr Drummond within the meaning of Section 346 of the Act. For Further Information: MSW TECHNOLOGY PLC GCI FOCUS GROUP LIMITED Robert Drummond, Chief Executive Susy Streeter, Associate Director 0207 462 3300 0207 398 0800
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