Investment in Another Company

Interregnum PLC
11 May 2000

                 Interregnum plc ('Interregnum')
  £0.5 million investment in ComputerWire plc ('ComputerWire')
                                
Interregnum  plc,  the  IT  venture  marketeer  and   investor,
announces  today  its second investment since flotation  on  13
March  2000:  a £0.5 million equity investment in  ComputerWire
plc, the IT business intelligence specialist.  In addition, AMP
Private  Capital  has  invested a further  £3.5  million.   The
transaction was structured by Interregnum.

The   funding   will   be   used  to   increase   ComputerWire's
international  reach  and to build on ComputerWire's  e-commerce
offerings.  This will allow visitors to the web site to purchase
services online.

ComputerWire  (www.computerwire.com) is the international  brand
leader   in  the  provision  of  quality,  independent  industry
intelligence  and  analysis  for  the  entire  IT  community   -
encompassing  IT  users,  vendors  and  investors.  ComputerWire
currently  offers  15  online information  databases,  including
daily  services,  personalised emailed  and  web  news  services
(Computergram and Network Briefing) and the leading  IT  monthly
magazine,  Computer  Business Review. In recent  years,  it  has
expanded  its  research  capabilities  and  earlier  this  month
launched  its analyst query service, Ask ComputerWire, the  only
IT query service run entirely over the Internet.

In  the  year  ended July 31 1999, ComputerWire  has  generated
revenues of £4.1 million with close to 20% coming from  the  US
operation this year.

The  management  team  will  be led  by  Peter  White,  managing
director  and  founder  of ComputerWire.  ComputerWire  recently
appointed John Clarke as Chairman, previously Chief Executive of
EMC UK plc and prior to that Chief Executive Officer of Nokia UK
plc.    The  company  has  also  recruited  Tony  Grimstone   as
Operations Director, joining from Chase Research plc,  where  he
was  Group Finance Director. Graham Ransom from Interregnum  and
Martin Peck from AMP Private Capital will also join the Board of
ComputerWire.

Adrian  Merryman, Chief Investment Officer of Interregnum  plc,
commented:

'ComputerWire  has  a  proven  customer  base,  well  established
products  and has generated real revenues. Interregnum  has  been
working with ComputerWire since April 1999 to develop a strategy,
which will leverage their powerful brand and create a world-class
e-commerce  offering for IT professionals. We  are  delighted  to
have  concluded such a significant deal, in partnership with  AMP
Private Capital, so soon after Interregnum's flotation.'

                                                                                
    

For more information:

Ludgate Communications                            020 7253 2252
Vanessa Anderson/Liz Ware

Interregnum                                       020 7494 3090
Graham Ransom, Director

ComputerWire                                      020 7208 4209
Peter White, Managing Director

NOTES TO EDITORS

ComputerWire

* ComputerWire provides research and intelligence for the IT
  community. It was established in 1984 and has been using  the
  Internet to deliver IT intelligence since 1987.

* ComputerWire  originally  provided  news  services   via
  Computergram and Unigram. In 1995 it established its research
  bulletins and IT analysis through products like Computer Business
  Review and Software Futures.  In 1996, ComputerWire launched its
  personal profiling news service.

* The  company  is headquartered in the UK with  operations
  across Europe, New York and San Francisco.  It employs 109 staff.

* ComputerWire has a strategic alliance with the META Group
  consultancy in the US.   It also has distribution arrangements in
  Australia and the Far East with Strategic Publishing Group (SPG),
  a subsidiary of Fairfax Business Publications.

* ComputerWire's customers include the top 500 IT suppliers
  world-wide.   Approximately 75% of group revenues are generated
  from paid on-line subscriptions.

Interregnum

* Interregnum  is  a  pioneering IT venture  marketeer  and
  investor.   It works with high potential IT entrepreneurs  to
  develop, resource and implement aggressive, marketing-led, value
  building strategies and to 'transform technology into wealth'.

* Interregnum is a quoted company listed on the  Alternative
  Investment Market of the London Stock Exchange with  a  market
  capitalisation of £64.5 million (closing middle market price of
  100p per share on 10 May 2000).
                                                          

* Interregnum provides services under two main categories:

     Intellectual Capital

     - Venture Marketing: working as non-executive directors with
       high-potential IT companies to develop, fund and implement
       aggressive business strategies, in order to increase realisable
       market value and create wealth;
     - Research & Consulting: working with both innovators and
       investors on specific projects where the critical analysis or
       development of strategies is involved;
     - Mergers & Acquisitions: helps the parties involved in M&A
       transactions to understand and justify the unique  value
       attributable to IT companies.

     Financial Capital
     
     - Venture Capital: co-investing with institutional and private
       investors.

* Interregnum  - (www.interregnum.com) is headquartered  in
  London with an office in San Francisco, USA, and associates in
  Silicon Valley and New York.  The company currently employs 17
  people.

* In August 1999, Interregnum launched 'enterprise.USA', in
  conjunction with the DTI-backed Software Business Network, to
  assist UK IT entrepreneurs in establishing and building the right
  infrastructure to launch and sustain successful businesses in the
  US.

* Interregnum currently has a portfolio of 26  IT  and  IT-
  related investments.

AMP Private Capital

* AMP  Private  Capital  established  a  UK-based  European
  operation   to   identify  and  manage  European   investment
  opportunities in October 1999.

* AMP  Private  Capital is part of AMP's global  investment
  management business, which includes the operations of Henderson
  Investors in the UK and AMP Asset Management.

* AMP  Private  Capital has US$3 billion  under  management
  invested world-wide, including investments in unquoted telecoms,
  e-commerce and infrastructure companies.