Corporate Action

TT Group PLC
4 May 2001

DEMERGER TO SHARES IN SEND GROUP
SECURITY TITLE
*Ord Shs
MNEMONIC CODE        *TTG
SEDOL CODE           *871-176
TERMS                *For every 20 TT Group Shares  - 1 Send Group Share.
DEALINGS COMMENCE NEW SHARES *15-05-01
PROVISIONAL EX DATE  *15-05-01
RECORD DATE          *11-05-01
NOTES *