Issue of Equity

RTS NetWorks Group PLC 24 December 2001 RTS NETWORKS GROUP PLC ('RTS Networks' or 'the Company') Synchronicity, Inc. On 10 July 2000, RTS Networks announced that it had completed the acquisition of Synchronicity, Inc. ('Synchronicity'). The terms of the acquisition provided for an earn out consideration of up to £1 million to be payable in RTS Networks ordinary shares to the vendors should certain performance conditions be met. The Directors of RTS Networks and the vendors of Synchronicity have recently reached agreement in full and final settlement of all claims under the sale and purchase agreement, whereby RTS Networks shall issue and allot 3,921,569 ordinary shares of 1p each (representing 3.3 per cent. of the issued share capital) to the vendors of Synchronicity at a price of 12.75p, being the average market price on the seven days before the first anniversary of completion. Application will be made for the ordinary shares described above to be admitted to trading on AIM and it is expected that dealings will commence on 3 January 2002.
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