Result of Placing &Open Offer

Screen PLC 12 February 2001 SCREEN PLC: £5M PLACING SUCCESS Screen Plc ('Company'), the provider of advanced security and communication systems, announces that, following the announcement of a Placing and Open Offer of Ordinary Shares in the Company on 25th January 2001, it has now received firm commitments from institutional and other investors to invest in excess of £5 million. Final allocations under the Placing and Open Offer are expected to be made on or before 19th February 2001. Commenting on the Placing and Open Offer, Owen Williams, Chairman of Screen, said: 'We are delighted that the Placing has been successful. It introduces more institutional shareholders to the Company. As stated on 25th January 2001, proceeds will be used to fund the recently completed acquisition of the Civil Systems Division of BAE Systems Plc, future acquisitions, product development and to provide additional working capital. Screen has an active and on-going acquisition programme and is seeking additional opportunities that will either enhance or extend the Group's product range and markets within the general wireless communications sector. We intend to continue to focus on the design and supply of ' Business-to-Business' wireless and other communication based products and services.' 12 February 2001 Contacts: Screen Plc Binns & Co PR Ltd Owen Williams, Chairman Peter Binns Tel: 01628 820011 Paul McManus Simon Ellis info@screenplc.com http://www.screenplc.com Tel: 020 7786 9600 Mobile: 07980 541 893
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