Share Placing and Debt Write Off

Tandem Group PLC
21 February 2000


                               Tandem Group plc
                                       
                       Share Placing and debt write off

At  an  Extraordinary General Meeting held today, shareholders of Tandem Group
plc  approved  the  placing of new ordinary shares to raise £550,000,  net  of
expenses.

Proceeds  from  the  placing  will be used to eliminate  bank  debt  totalling
£1,387,000.  In consideration of the early repayment of £548,000, two  members
of  the  Group's  banking  consortium have agreed to write  off  in  aggregate
£839,000.

The  increase in shareholder funds and reduction of bank debt will enable  the
Group to pursue other opportunities which the board is considering.

For further information contact:

Mervyn Keene (Finance Director, Tandem Group plc) 01733 211399