Name Change to Auxinet plc & Other News

Corporate Executive Search International PLC 22 March 2000 CORPORATE EXECUTIVE SEARCH INTERNATIONAL CHANGE OF NAME TO auxinet plc AND COMPLETION OF PLACING Corporate Executive Search International, which in February announced the acquisition of DataCash, is pleased to announce that following an Extraordinary General Meeting today, the following resolutions were approved: * Change of name from Corporate Executive Search International to auxinet plc. * Completion of Placing of subscription shares at 12 pence per share raising £6.6 million net of expenses. * Appointment to board of auxinet plc of Gavin Breeze, a founder and principle shareholder of DataCash (acquired in February 2000). Following the acquisition and the successful Placing of subscription shares, the enlarged capital of auxinet plc is now 377 million shares. Dealings in the subscription shares is expected to commence on 24 March. The change of name to auxinet plc reflects the company's desire to concentrate on its strategy of developing and focusing activities in the e-enabling area. auxinet will be positioned as an e-enabling umbrella company comprising two main strands, both of which have various synergies. In the current quarter to date, DataCash has signed up blue chip clients such as Homebase, Royal Mail Viacode, Ladbrokes, Littlewoods, EasyRentaCar and DHL. For more information: - David Bailey, Chairman, auxinet plc +44 (0) 207 759 7900 +44 836 25 85 58 Shallu Behar-Gill, Marketing Manager, DataCash +44 171 632 0400 shallu@datacash.com John Coyle, Chairman, Clerkenwell Communications +44 171 713 0900 +44 370 687 370 +44 1399 727 796

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