ActivCard Named As Partner

Intercede Group PLC
23 April 2002



                              INTERCEDE GROUP plc

                          ('Intercede' or 'the Group')



                    Confirmation of ActivCard as OEM Partner



Intercede, a leading developer of electronic identity management software, today
provides further information regarding its agreement with ActivCard, a world
leader in digital identity technology.



On 7 December 2001, Intercede Group plc (IGP LN) (IGP.L), a leading developer of
electronic identity management software, announced that it had signed a new OEM
contract with an unnamed US partner. This agreement included a commitment by the
Partner to buy an initial number of licences for Intercede's edeficeTM , to the
value of US$800,000, against a series of development milestones that were
scheduled for completion by March 2002.



Intercede is now able to announce that this partner is ActivCard, a NASDAQ
listed digital identity company with headquarters in Silicon Valley, Paris and
Singapore. Intercede also confirms that all of the agreed development milestones
have been met and that full payment of the US$800,000 was received by Intercede
from ActivCard by 31 March 2002. Having due regard for current market concerns
about revenue recognition, the accounting treatment of the US$800,000 will be
determined as part of the year end audit process.



ActivCard will be launching a suite of products incorporating Intercede's
edeficeTM technology at CardTech/SecurTech, a leading smart card technology
exhibition, which is being held this week in New Orleans.

                                                                   23 April 2002



ENQUIRIES:


Intercede Group plc                                     Tel. [phone]
Richard Parris, Chairman & Chief Executive
Andrew Walker, Finance Director

College Hill                             Tel. [phone]
Archie Berens                            E-mail:[e-mail]
Clare Warren                             E-mail:[e-mail]






NOTES FOR EDITORS



About Intercede


Intercede Group plc (IGP LN) (IGP.L) is a leading developer and supplier of
electronic identity management software. Intercede is one of only three quoted
security software companies on the London Stock Exchange following its admission
to the Alternative Investment Market in January 2001. Intercede's edeficeTM
provides any organization with the tools required to quickly deploy, maintain
and manage smart cards, tokens, biometric and PKI technology. Intercede's
customers cover a range of industries and currently include Barclays Bank,
Lloyds TSB, the Department for Education and Skills, the NHS, Compaq and ICL.
For more information, visit Intercede's home page at http://
www.intercedegroup.com/ or call [phone].



About edeficeTM



Intercede's edeficeTM is powerful electronic identity management software
designed to enable secure, cost-effective and easy-to-deploy smart card, token,
biometric and PKI solutions ranging from logical and physical access to email
and transaction signing.



EdeficeTM enabled security solutions allow end users to enjoy faster and more
secure smart card-based access to PCs, networks and buildings, while providing
administrators with an intuitive web-based electronic identity issuance and life
cycle management tool.



For more information, visit the edeficeTM home page at http://www.edefice.com/
or call [phone].





                      This information is provided by RNS
            The company news service from the London Stock Exchange