Contracts Exchanged on Caerphilly Property Sale

Delyn Group PLC
5 May 2000

                                 
                                 
                          Delyn Group PLC
                                 
                                 
The Board of Delyn Group PLC is pleased to announce that contracts
have  been  exchanged  for  the  conditional  sale  of  its  three
remaining investment properties in Caerphilly, Wales for a  total
cash  consideration of £3,000,000.  This compares with their  book
value  of  £2,951,000.  Completion of the sale is  anticipated  to
occur in mid July 2000.

The  Board  of  Delyn  announced on  27  April  2000  that  it  is
recommending  an  offer to acquire the whole of the  issued  share
capital  of  ingenta.   ingenta  is  a  world  leader  of  on-line
knowledge  communities and is already one of the UK's top  20  web
services.

Guy Naggar, Delyn's Chairman, reported that following the property
sales  the  pro forma cash resources of the enlarged  Delyn  Group
will be in excess of £15,000,000.


For further information please contact:

Delyn Group plc                                    020 7834 8060
Guy Naggar, Chairman                                0498 755 444