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PremiSys Tech. PLC (ASE)

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Tuesday 13 March, 2001

PremiSys Tech. PLC


PremiSys Technologies PLC
13 March 2001

PremiSys Technologies plc
13 March 2001


PremiSys Technologies plc ('PremiSys' or the 'Company') has entered into an 
agreement dated 13 March 2001 (the 'Share Sale Agreement') pursuant to which
the Company will dispose of its design and architectural subsidiary WML to 
Woods Bagot UK Limited ('Woods Bagot') and five of the current directors of 
WML, being Robert Kimble, Richard Chapman, Zsolt Moldan, Graeme Rapley 
and Stephan Reinke.  Woods Bagot is the UK subsidiary of Woods Bagot 
Holdings Limited, an Australian-based international architectural practice.  

The Share Sale Agreement is pre-conditional on the finalisation of banking
arrangements.  Under the Share Sale Agreement, this pre-condition must be
satisfied by 20 March 2001.

As and when the pre-condition is satisfied, the Company will make a full
announcement detailing this related party transaction.

For further information contact:

Walter Goldsmith                            020 7968 0570

Gavin Anderson & Company
Neil Garnett                                020 7457 2345