IVU Traffic Technologies

Billam PLC
18 July 2000


                   Billam Plc - IVU Traffic Technologies AG

Today  it  is  announced that Billam plc and IVU Traffic Technologies  AG  are
currently  planning  to develop a network of telematic  companies  in  the  UK
traffic sector.

Billam  Plc  has an investment in IVU Traffic Technologies AG, a company  that
recently floated on the Neuer Markt.