Acquisitions in Egypt and Czech Republic

ITE Group PLC
8 November 1999

                                

                          ITE Group plc

            Acquisitions in Egypt and Czech Republic

ITE   Group   Plc,   ('ITE'),   the  international   exhibitions
specialist, is pleased to announce the further expansion of  its
Central  European  and  Middle Eastern  operations  through  two
strategic acquisitions:

ITE's   subsidiary,   M.E.C.   Mediterranean   Exhibitions   and
Conferences Limited, has acquired a 50% shareholding in ACG  and
ITF  International  Trade  Fairs  Limited  ('ACG').  An  initial
payment  of US$1.5 million (£900,000) has been paid with further
payments  based  on  a multiple of 7 times the  average  profits
after  tax  for the two years to 31 December 2000.  The  total
consideration  is  expected to be approximately  US$  6  million
(£3.6 million).

ACG will organise 7 exhibitions in Cairo in 1999 with a turnover
of approximately US$4 million (£2.4 million) with net exhibition
space sales of 18,000 sq. metres. Due to the launch of new shows
and  growth  in  its existing shows ACGs net  exhibition  space
sales  are  forecast to rise to over 25,000 sq.ms. in  the  year
2000. ACG organises exhibitions with themes covering a range  of
industry groups such as vehicle spare parts, plastics, printing,
oil and gas, machine tools and construction.

ITE has also entered into an agreement to acquire 50% of Incheba
Praha   ('Incheba'),  Prague,  Czech  Republic,  and  a  nominal
shareholding  in Incheba A.S., Bratislava, Slovakia.  The  total
consideration  is  Czk187.5 million (£3.5  million)  payable  in
January  2000 with an adjustment based on 7.5 times the  pre-tax
profits of Incheba for the year to 31 December 1999.

Incheba will organise 16 exhibitions in Prague this year with an
expected  turnover  of Czk140 million (£2.6  million)  with  net
exhibition  sales  of  42,000 sq. metres  with  themes  covering
numerous  trade  sectors  including chemicals,  pharmaceuticals,
computer   technology,  motor  cars,  machine  tools,  security,
heating and transport.

Lawrie Lewis, Chairman of ITE, said:

'We  are  delighted  to have acquired an interest  in  two  such
respected  companies.   The founders of  the  companies,  Mohsen
Ghozzi  of  ACG and Alexander Rozin of Incheba, add strength  to
our  network  and  provide  a strong platform  for  the  group's
continued   developments.    With  ITE's   international   sales
capability and the opportunity to launch new shows with our  new
partners  we expect to achieve substantial growth in  these  two
businesses over the next two years'

Company summary:
ITE Group plc is one of the leading international exhibition and
conference organisers in Russia, CIS, Central and Eastern Europe
and  the Transcaucuses, organising over 170 international  trade
events in 23 countries each year.


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For further information, please contact:

ITE Group Plc
Lawrie Lewis -      Chairman                      0171 596 5000
Odette Jonkers -    Press Office                  0171 596 5253

Buchanan Communications
Richard Oldworth/Isabel Petre                     0171 466 5000