Purchase of Own Securities

Perpetual UK Smaller Co's IT PLC
30 January 2001


1)    Date of the purchase:

      30th January 2001

2)    Number of ordinary shares purchased:

      25,000

3)    Price paid per share

      517p

4)    The issued share capital of the Company following this buy-back will be:
      ordinary shares: 14,003,206

5)    Name of and telephone number of contact for queries

      Vanessa Boyd 01491 417314

6)    Name of authorised Company official responsible for this notification:

      Mr Ian White

7)    Date of notification

      30th January 2001