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Knowledge Technology (ARC)

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Monday 22 September, 2003

Knowledge Technology

Placing & Additional Listing

Knowledge Technology Solutions PLC
22 September 2003

RNS Release

22nd September 2003

                       Knowledge Technology Solutions PLC

                            ('KTS' or the 'Company')

     Placing and Additional Listing, Change of Nominated Adviser and Broker

Knowledge Technology Solutions PLC today announces that 8,000,000 new ordinary
shares of 0.1p each have been conditionally placed with institutional and other
investors at a price of 12.5 pence per share.  Once completed, this placing will
raise approximately £950,000 net of expenses for the Company.

These 8,000,000 new ordinary shares of 0.1 pence each will rank pari passu with
all other ordinary shares now in issue.  Application for these new shares to be
admitted to trading on AIM has been made and admission is expected to occur on
23 September 2003.

The net proceeds of the placing will be used for:

   •The continuing roll out of QuoteTerminal, the UK-only live financial
    news and data service

   •Accelerating the sales and marketing of MarketTerminalTM, the
    international live financial news and data service, which is targeted at
    global financial institutions, upon its launch in the coming months

   •Strengthening the Company's working capital position

   •Recruitment of technical specialists and customer services staff

The placing is conditional upon admission of the new shares becoming effective
on or before 23 September 2003 (or such later date as the Company and KBC Peel
Hunt Ltd may agree, being no later than 30 September 2003).

Following admission, the enlarged issued share capital of the Company will be
118,943,302 ordinary shares of 0.1p each.

Change of nominated adviser and broker

KBC Peel Hunt Ltd has been appointed as KTS's nominated adviser and broker with
immediate effect.

KTS Chief Executive, Dr Marc Pinter-Krainer, said:

'The support we've received from institutional investors and private
shareholders is a great endorsement of the success we've had so far in
developing and marketing QuoteTerminal. We're now looking forward to the next
phase in our growth, which is the vigorous sales and marketing of the
international live financial news and data service MarketTerminalTM when it
launches in the coming months.'

Enquiries, please contact:

Knowledge Technology Solutions PLC
Dr Marc Pinter-Krainer                         020 8795 2700

Gresham PR Limited
Neil Boom/Jenny Leahy                          020 7404 9000

KBC Peel Hunt Ltd.
Oliver Scott                                   020 7418 8900

                      This information is provided by RNS
            The company news service from the London Stock Exchange