Disposal

Capitaltech PLC
17 April 2002

                        CapitalTech PLC ('CapitalTech')



                                    Disposal



CapitalTech announces that on 17 April 2002 its subsidiary Belgrave Residential
Assets Limited ('BRAL') contracted to sell a block of 32 residential flats, let
on short assured tenancies, at 482-6 Great Western Road, Glasgow and 2 Belmont
Street, Glasgow for a cash price of £3,250,000 with completion due on 26 April
2002.



The carrying value of the property was £2,937,000, being the valuation on
acquisition of BRAL on 26 November 2001. An increase in capital value had led to
a consequent decline in yield and thus it was not expected that there would be
revenue profitability of the flats after management and financing costs.  The
proceeds are being applied to reduce gearing and will assist the profitability
of CapitalTech.





Contacts:  Miranda Kelly, CapitalTech PLC, 0141 332 2014

                  Alasdair Robinson, Noble & Company Limited, 0207 367 5600



                      This information is provided by RNS
            The company news service from the London Stock Exchange