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Knowledge Technology (ARC)

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Friday 22 August, 2003

Knowledge Technology

Issue of Equity

Knowledge Technology Solutions PLC
22 August 2003


                   Knowledge Technology Solutions PLC ('KTS')

                              Exercise of Warrants

Knowledge Technology Solutions PLC ('KTS') announce that Beaumont Cornish
Limited, formerly nominated advisers to KTS at the time of the company's
flotation, exercised on 15 August 2003 subscription rights in respect of
1,306,846 Warrants at the exercise price of 5.625p per Ordinary Share.

On 18 August 2003 Loeb Aron & Company Ltd exercised subscription rights in
respect of 200,000 Warrants at the exercise price of of 5.625p per Ordinary
Share.

Following the exercise of these Warrants the only Adviser Warrants still
outstanding are 680,135 Warrants, held in the name of Loeb Aron & Company Ltd,
which lapse on 7 November 2003.

The exercise of Warrants has raised £84,760.08 of additional working capital for
the Company.

Application has been made for 1,506,846 Ordinary Shares to be admitted to
trading on the Alternative Investment Market of the London Stock Exchange. These
Shares will rank pari passu in all respects with the existing Ordinary Shares in
issue and dealings in such shares are expected to commence on 29 August 2003.


ENDS

22 August 2003

Further Enquiries:

Dr Marc Pinter-Krainer
CEO, Knowledge Technology Solutions  020 8795 2700

John Depasquale
Seymour Pierce Limited, Nominated Advisors  020 7107 8000

END






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