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Knowledge Mang (KMS)

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Wednesday 21 November, 2001

Knowledge Mang

Holding in Company

Knowledge Management Software PLC
21 November 2001

Knowledge Management Software plc

Dealings by substantial shareholder

On 20 November 2001, the Company was informed that Stuart Whistance disposed
of 500,000 ordinary shares at 1p each in the capital of the Company, 400,000
of such shares being disposed of on 15 November 2001 with the balance being
disposed of on 16 November 2001. The aggregate number of shares disposed of
represents 0.435% of the issued share capital of the Company and leaves Mr
Whistance with a total holding following this notification of 3,900,800
ordinary shares in the Company, representing 3.39% of the Company's issued
share capital.


Knowledge Management Software plc:
Brendan Hynes             Chief Financial Officer             0161 227 1100
John Reynolds             Director Strategic Planning         0161 227 1304

                          & Investor Relations
Citigate Dewe Rogerson:
Rupert Steveney                                               020 7282 2843