Change to Board of Directors

Manx & Overseas PLC 11 July 2000 Netcentric Systems Plc (formerly Manx & Overseas PLC) announces changes to its Board of Directors. Netcentric Systems Plc (formerly Manx & Overseas PLC) ('the Company') today announces changes to its Board of Directors following admission and re-admission of its shares to trading on the Alternative Investment Market of the London Stock Exchange ('AIM'). Following completion of the acquisition of Netcentric Systems Ltd, the following directors have resigned: Desmond Lawrence Bloom - Chairman and Managing Director Sir Rhodes Boyson - Non Executive Director The following individuals have been appointed to the Board of Directors with effect from 11 July 2000: Robert Charles Ewart Williams - Non Executive Chairman Jane Garrett - Chief Executive Officer Gerard Maurice Thompson - Chief Operating Officer Keith Alexander Garrett - Chief Technology Officer Christopher David Williams - Sales Director Howard Freedman - will continue as Finance Director having been appointed on 19 February 2000 Robert Williams (45), Non-Executive Chairman Robert is British and currently lives in the USA. He divides his working time between the US and UK, managing ventures, primarily IT oriented, on both sides of the Atlantic. He is a well-seasoned managing director and Chief Executive Officer ('CEO'), with experience in building sales and marketing operations as well as taking companies public. Mr Williams was the co-founder of Unipalm, which as CEO he took public in 1995, achieving a substantial increase in share price over the next year. Unipalm was valued at £90 million at point of sale to UUNet (now MCI Worldcom) in 1995. Before moving into the Computer and Internet business he enjoyed a career as an accomplished electronics engineer. Jane Garrett (44), Director and Chief Executive Officer Jane co-founded Netcentric on 3 January 1997, and has led the company for over three years building it from a two person pure Internet consultancy company to a venture capital funded company focused on building products and providing related consultancy. She has over 15 years experience in IT, the last 10 years of which were in business and company management, both as a director and senior manager, primarily with Logica and later as a director of a Cambridge based networking company, Shute Associates. Ms Garrett has a degree in Physics from University of Wales and is currently a committee member of and the former Chairman of the Sun User Forum. Gerard Maurice Thompson (55), Director and Chief Operating Officer Gerard became a director of Netcentric in May 1999 and was appointed Chief Financial Officer on 1 September 1999, prior to which he acted as a consultant. Mr Thomson's background has been in investment banking, primarily with Merrill Lynch, Saloman Smith Barney and AIG. He later started his own consultancy to advise companies on overseas financial and marketing problems and became Chief Executive of a small public company in the USA that was subsequently sold. He currently has one other non executive directorship. Christopher David Williams (40), Sales Director Christopher joined Netcentric on 1 July 1999 as a consultant and became a full time manager and director on 1 September 1999. Formerly an international vice president with the California based company Anacomp, Mr Williams is 40 years old and has spent virtually all his career in IT Sales and Marketing. His client list includes many FTSE 100 and Fortune 500 companies. Keith Alexander Garrett (27), Director and Chief Technology Officer Keith co-founded Netcentric with Jane Garrett. He has a degree in Computer Science from Manchester University, where he also worked in a team developing a database driven multi-user Internet system that is still in use today. Mr Garrett is an expert in Internet technologies with extensive web and java architecture experience. The directorships held by each of the new Directors over the five years preceding the date of this announcement other than in the Company are as follows:- DIRECTOR CURRENT PAST Robert Williams Counterpoint Partners Limited Briggs Weber Securities Corp Art & Java Corp Leaf Distribution Inc Counterpoint Partners Limited Pipex Ltd Maximo Marina Inc Unipalm plc Maximo at Taylor Creek Inc Unipalm Ltd Maximo Sales & Service Inc Ewart Financial Holdings LLC Ewart Holdings Inc Inet Corp Investin.com Corp Merrick International Group Inc Jane Garrett Netcentric Technology Limited Sun User Forum Netcentric Solutions Limited Shute Associates Limited Netcentric Systems Limited Netcentric Systems Inc Christopher Williams Cougar Connexions Limited Netcentric Systems Limited Keith Garrett Netcentric Limited Netcentric Technology Limited Gerard Thompson Harrell Hospitality Group Inc Seaton Group Inc Netcentric Systems Limited Bariston (USA) Inc Netcentric Systems Inc No Director has any unspent convictions relating to indictable offences, has been bankrupt or has made or been the subject of any individual voluntary arrangement. Save as disclosed above, none of the Directors have been a director of any company at the time of or within twelve months preceding the date of its receivership, compulsory liquidation, creditors' voluntary liquidation, administration, company voluntary arrangement or any composition or arrangement with its creditors generally or any class of its creditors and none with of the Directors or Proposed Directors has been a partner of any partnership at the time of or within 12 months preceding the date of any partnership voluntary arrangement or been a director or partner of a company or partnership any of whose assets have been the subject of a receivership at the time of or within twelve months following the cessation of such directorship or partnership. None of the Directors or Proposed Directors has been criticised by any statutory or regulatory authority or been disqualified by a court from acting as a director or a company or from acting in the management of the affairs of the company.

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