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Xansa PLC (XAN)

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Tuesday 11 November, 2003

Xansa PLC

Pre-close update

Xansa PLC
11 November 2003

11 November 2003

                                PRE-CLOSE UPDATE

Xansa, the international business process and IT services company, announces
that trading for the half year ended 31 October 2003 has remained in line with
management expectations.

As announced in our AGM statement in September 2003, market conditions remain
challenging and we believe these will continue through our current financial

These conditions, combined with the completion of significant contracts both in
the UK and the US, are likely to result in lower turnover for the company in the
second half of the year.  However, our pipeline of new business opportunities is
healthy and we continue to take such restructuring decisions as are necessary in
all our markets.

The company has reached a negotiated settlement with a former customer regarding
the supply of project services, which completed in 2002. The amount of the
settlement, £12.5m, half payable now and half in May 2004, is significantly less
than the overall project value.  It will be reported as an exceptional charge in
the company's interim results, together with associated professional fees. Tax
relief is expected to be available and discussions are continuing with Insurers
about insurance recovery.

The interim results for the half-year ended 31 October 2003 will be announced on
4 December 2003.



Steve Stratton                                         Giles Sanderson
Investor Relations Director, Xansa                     Financial Dynamics
Tel : 08702 416181                                     Tel : + 44 (0)20 7831 3113
Email :

About Xansa

Xansa is an international business process and IT services company creating and
delivering process and technology solutions that significantly improve its
clients' business performance. Through strong relationships, commercial
innovation and its integrated Indian delivery capability, Xansa drives real and
long-term cost reductions, performance improvements and new ways of working
tailored to each client. Its services are Business and Technology Consulting, IT
Implementation, IT Outsourcing and Business Process Outsourcing. Xansa is
established in the UK, North America, Continental Europe and Asia Pacific with
three process and technology centres across India.

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