Company Strategy

Viking Internet PLC
21 February 2001

                             VIKING INTERNET PLC

                                 News Release

                            For immediate release


Following the announcement on 16 February 2001 regarding the termination of
discussions with Drax, the directors wish to announce that the company's
strategy remains as set out in its announcement of 6 December 2000.  The
directors continue to believe that the best use of Viking's cash and public
listing is by acquiring a single company with growth potential, and will
continue to look for opportunities to enhance shareholder value.