Progress of InaPlex Limited

Billam PLC
24 January 2002

For release at 7.00 am on Thursday 24 January 2002


                               Billam plc

The directors of Billam Plc today announced that investee company, InaPlex
Limited, continues to make strong progress with its first product, Inaport,
which revolutionises database management, and is targeted at companies with more
than 50 employees.



Inaport has recently been successfully launched in the US and is also currently
selling in the UK, Canada, Australia, New Zealand and Europe.



The company's second product, MetaView, which provides a sophisticated
capability for the management of information and information models is to be
beta tested in the UK in February 2002.





For further information contact Peter Hoskins 020 7702 5544



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