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Knowledge Technology (ARC)

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Monday 09 December, 2002

Knowledge Technology

Holding(s) in Company

Knowledge Technology Solutions PLC
09 December 2002

               KNOWLEDGE TECHNOLOGY SOLUTIONS PLC (the 'Company')

                             Disclosure of Interest

On 5 December 2002 the Company received notification from HSBC Bank plc that, as
a result of the transfer of the investment banking business of HSBC Investment
Bank plc to HSBC Bank plc, HSBC Investment Bank plc and its holding company,
HSBC Investment Bank Holdings plc no longer held a notifiable interest in the
Company and as at the close of business on 1 December 2002, HSBC Bank plc held
5,000,000 ordinary shares in the Company, representing 6.13% of the issued share
capital.

Further to this, the Company has today been informed that, as at 3 December
2002, HSBC Bank plc held 4,750,000 ordinary shares in the Company, representing
5.82% of the issued share capital of the Company. Following the admission to
trading of the 2,650,000 shares the subject of a placing on 5 December, this
will represent 5.64% of the issued share capital of the Company.

Further Enquiries:

Dr Marc Pinter-Krainer

CEO, Knowledge Technology Solutions 020 8795 2700


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