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Knowledge Technology (ARC)

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Wednesday 13 June, 2001

Knowledge Technology

Issue of Equity

Knowledge Technology Solutions PLC
13 June 2001



The Board of KTS announces that it has posted a Circular in connection with an
Extraordinary General Meeting ('EGM') called to approve the resolution
necessary to effect the placing of 5,000,000 Ordinary Shares of 0.1pence each
('Shares') in the Company with Billam Plc (previously announced on 4 June
2001) and to enable the Company to issue up to a further 45,000,000 Shares
otherwise than in accordance with section 89 (1) of the Companies Act 1985.
The Directors of the Company believe that this general authority will provide
sufficient flexibility for the future development of the Group.

Application will, following the      EGM, be made for the 5,000,000 Shares to
be allotted to Billam Plc to be admitted to trading on the Alternative
Investment Market of the London Stock Exchange and trading in such Shares is
expected to commence following the EGM which will be held on 4 July 2001.

Including the Shares to be issued to Billam Plc, there will be 75,342,326
Shares in issue.

DATED 13 June 2001

Further information

Dr. Marc Pinter- Krainer                              020 8795 2700

CEO, Knowledge Technology Solutions PLC

Roland Cornish                                        020 7628 3396

Chairman, Beaumont Cornish Limited