Final Results

NEWMARK TECHNOLOGY GROUP PLC
30 September 1999

CHAIRMAN'S STATEMENT

Overview

I am pleased to report another year of achievement for the twelve months ended
30  April  1999.  The highlight of the period was the acquisition of  Ateliers
Drion S.A. in April 1999. Drion is a natural extension of the business of  the
Group  and  the  acquisition  will  provide entry  into  the  Belgian  market,
significantly increasing our European presence.

In  my  report  last  year, I stated that the Group was  well  positioned  for
further  organic  expansion,  and  ready to take  advantage  of  opportunities
arising  from  the  restructuring and consolidation of the  European  security
industry.   I retain this belief, and the Drion acquisition was the next  step
on this path.

There  have  been  other major developments including the acquisition  of  the
remaining 50% of the Intellectual Property Rights to Parsec which, I  believe,
will prove a very beneficial step for the Group in the future.

Financial results and developments

Profits  before  taxation were £502,000 compared to £49,000 in  the  preceding
year, arising on turnover of £8.0million (1998: £4.3million).  The results for
the  year under review include a two week contribution from Drion, plus a full
year's  profits  from Vema compared to five and a half months in  last  year's
results.

Profits  before taxation for the year of £502,000 demonstrate a strong  second
half   performance.   This  has  in  part  been  due  to  seasonal  and  other
fluctuations  and  the  pattern  is likely  to  re-occur  this  year,  with  a
significantly greater amount expected to be earned in the second  half  rather
than the first six months.

As I made clear in my interim report, the results of Newmark Technology in the
first half were affected by the reliability of goods from suppliers and delays
in  the  final  stages  of major development programmes, which  we  outsource.
Major progress has been made in these areas during the year, in particular the
problem with regard to the supply of goods has now been overcome.

Drion   is  an  established  business  specialising  in  the  production   and
installation of physical and electronic security equipment. Historically,  the
sales  base  has been blue chip customers in Belgium, but the company  is  now
expanding into other markets.  Two major contracts have already been completed
in  Algeria and other developments in new markets are anticipated.  The  Board
believes that Drion will achieve the expectations we held at the time  of  the
acquisition.   However, due to the current restructuring  within  the  banking
industry in Belgium, the level of business is anticipated to be much higher in
the second half of the year.

Vema's  performance has been in line with the budgets we prepared at the  time
when  it was acquired.  I referred in the interim report to the problems  that
Vema  had  encountered in the first six months with the availability of  goods
from suppliers, and the subsequent impact on our ability to despatch goods  to
our customers.  This backlog was substantially overcome in the second half  of
the year.

In  accordance with new Financial Reporting Standard 10, goodwill  arising  on
the  acquisition of Drion has been capitalised as an intangible asset and will
be  amortised  over its useful life.  The Group has adopted  the  transitional
arrangement  allowed  by  FRS  10 in that goodwill  on  acquisitions  made  in
previous years remains eliminated against reserves.

As  discussed  above, the Group balance sheet has been affected  by  both  the
higher levels of sales in the second half of the year, which in turn has had a
major  impact  on the level of debtors and creditors, and the  acquisition  of
Drion.   Similarly, cash flow reflects the increased debtors and creditors  as
well as the cost of the acquisition of Drion and associated debt. Debtors  and
creditors  have reverted to normal levels since the year end.  The  cash  flow
also reflects the payment of an outstanding tax liability dating from the time
of  the  acquisition of Vema, as well as the monthly payments  on  account  of
corporation tax which are standard practice in the Netherlands.

In  the  year there has been major expenditure on new computerised  accounting
and  management  information  systems in both  Newmark  and  Vema.   This  has
improved the timeliness, detail and accuracy of information to the Board.

The  Board does not believe that it would be prudent to declare a dividend for
the  year,  but, assuming that the budgets for the current year are  achieved,
the Board will review this policy.

Board changes, employees and shareholders

Meeuwis  Veldhoen resigned from the Board of the Company as well as  from  the
position of managing director of Vema on 30 September 1999, in accordance with
our  plan at the time of acquiring the company.  Meeuwis established  Vema  in
1977  and built the company to a dominant position in the Dutch market  place.
He  has  subsequently  helped with its integration into  the  Group,  and  the
participation of Vema in joint projects with Newmark, and more recently Drion.
His  enthusiasm and contribution both at Group level and within Vema  will  be
missed, and I should like to publicly express the thanks of your Board for all
his efforts and to pass on our best wishes for the future.  Meeuwis has agreed
to  continue  to  work  on a consultancy basis in the  future.   He  has  been
replaced as managing director at Vema by Jan Dekker.

Jan  started his career in the fields of research and product development, and
subsequently  held senior management positions in marketing and  sales.   More
recently  he  was  the  managing  director  of  three  subsidiaries  of   Tyco
International  Limited (USA), with responsibilities including  the  merger  of
those businesses.

The number of employees in the Group has continued to grow and I extend a warm
welcome  to the staff at Drion.  I would also like to thank all the staff  for
their  continued  efforts  on  behalf of the Company  and  to  greet  our  new
shareholders.

The future

The  Board  believes that the Group will now build upon the solid  foundations
that  have  been established over the last two years and we will  continue  to
grow both organically and by acquisition.  We are confident of making progress
in  all  divisions with further significant growth anticipated for  the  year.
The  development  of  a group with a major presence in the  European  security
market remains our intention, and we will continue to seek acquisitions  which
meet  our  criteria  and enhance the Group's offering  to  our  customers  and
increase shareholder value.

                          NEWMARK TECHNOLOGY GROUP PLC
                              PRELIMINARY RESULTS
                        FOR THE YEAR ENDED 30 APRIL 1999

CONSOLIDATED PROFIT AND LOSS ACCOUNT
For the year ended 30 April 1999

                          Year ended     Year ended        Period      Period
                           30 April       30 April      25 March    25 March
                               1999           1999       1997 to     1997 to
                               £000           £000      30 April    30 April
                                                           1998        1998
                                                           £000        £000
Turnover                                                          
 Continuing operations                       7,729                    4,259
 Acquisitions                                  276                        -
                                          ________                 ________
                                             8,005                    4,259
Cost of sales                               (4,647)                  (2,510)
                                          ________                 ________
Gross profit                                 3,358                    1,749
                                                                  
Administrative expenses                     (2,760)                  (1,695)
                                                                  
Operating profit                                                  
 Continuing operations           527                         54   
 Acquisitions                     71                          -   
                            ________      ________      _______    ________
                                               598                       54
Interest payable                               (96)                      (5)
                                          ________                 ________
Profit on ordinary                             502                       49
activities before
taxation
                                                                  
Tax on ordinary                               (282)                    (153)
activities
                                          ________                 ________
Amount transferred                             220                     (104)
to/(withdrawn from)                       ========                 ========
reserves
                                                                  
                                             Pence                    Pence
Earnings per share                            0.3p                   (0.2)p

BALANCE SHEETS
As at 30 APRIL 1999
                               Group        Group     Company       Company
                                1999         1998        1999          1998
                                £000         £000        £000          £000
Fixed Assets                                                      
Intangible assets              1,693          257           -             -
Tangible assets                1,300          425           -             -
Investments                        -            -       7,652         7,590
                            ________      _______     _______       _______
                               2,993          682       7,652         7,590
                            ________      _______     _______       _______
Current Assets                                                    
Stocks                         1,316          705           -             -
Debtors                        3,417        1,538       3,449         1,039
Cash at bank and in hand         912           63           -             3
                            ________      _______     _______       _______
                               5,645        2,306       3,449         1,042
Creditors:amounts falling                                         
due within one year           (3,519)      (1,874)        (44)         (149)
                            ________      _______     _______       _______
Net current assets             2,126          432       3,405           893
                            ________      _______     _______       _______
Total assets less current                                         
liabilities                    5,119        1,114      11,057         8,483
Creditors:amounts falling                                         
due after more than one       (1,825)        (439)          -             -
year
Provisions for                                                    
liabilities and charges         (143)           -           -             -
                            ________      _______     _______       _______
Net assets                     3,151          675      11,057         8,483
                            ========      =======     =======       =======
                                                                  
Capital and reserves                                              
Called up share capital        5,510        3,677       5,510         3,677
Share premium                  5,051        4,531       5,051         4,531
Profit and loss reserve       (7,410)        (109)        496           275
Other reserves                     -       (7,424)          -             -
                            ________      _______     _______       _______
Equity shareholders'           3,151          675      11,057         8,483
funds                       ========      =======     =======       =======


CONSOLIDATED CASH FLOW STATEMENT
For the year ended 30 April 1999

                                                 Year ended          Period
                                              30 April 1999        25 March
                                                       £000         1997 to
                                                                   30 April
                                                                       1998
                                                                       £000
Net cash inflow /(outflow) from operating              379             (46)
activities                                      __________       _________
Returns on investments and servicing of                         
finance
Interest paid                                          (96)             (5)
                                                __________       _________
Net cash inflow/(outflow) from returns on                       
investments and servicing of finance                   (96)             (5)
                                                __________       _________
Taxation                                              (729)              -
                                                __________       _________
Capital expenditure and financial                               
investment
Purchase of tangible fixed assets                     (143)            (75)
Purchase of intangible fixed assets                   (184)           (157)
Sale of tangible fixed assets                            -              19
                                                __________       _________
                                                      (327)           (213)
                                                __________       _________
Acquisitions                                                    
Purchase of subsidiary undertakings                 (1,746)         (1,313)
Costs related to prior year acquisitions               (77)              -
Net cash/(debt) on purchase of subsidiary              900            (732)
undertakings                                    __________       _________
Net cash outflow from acquisitions                    (923)         (2,045)
                                                __________       _________

Financing                                                       
Loans to partly finance acquisition of                 583               -
subsidiary undertakings
Repayment of secured loans                             (34)              -
                                                __________       _________
                                                       549               -
Issue of shares                                      1,850           2,380
Expenses paid in connection with share                 (97)           (549)
issues                                          __________       _________
Net cash inflow from financing                       2,302           1,831
                                                __________       _________
Increase/(decrease) in cash                            606            (478)
                                                ==========       =========
                                                                
1.   No dividend is proposed.
2.   The above results for the year ended 30 April 1999 have been abridged
     from the full Group accounts for that period which will be delivered to the
     Registrar of Companies shortly.
3.   The financial information contained in this announcement as regards the
     Group does not constitute statutory accounts for the period within the
     meaning of Section 240 of the Companies Act 1985. 
4.   The calculation of earnings per ordinary share is based on a profit for 
     the year after tax of £220,000 (1998:loss£104,000) and the weighted 
     average number of shares in issue during the year of 78,624,067 
     (1998: 50,833,378).


Enquiries:

B Leech, Shandwick Consultants Ltd
Tel: [phone]