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Knowledge Technology (ARC)

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Thursday 20 May, 2004

Knowledge Technology

Statement re Possible Placing

Knowledge Technology Solutions PLC
20 May 2004


                       Knowledge Technology Solutions Plc

                         Statement re: Possible Placing

Following recent press comment, Knowledge Technology Solution PLC ('the
Company') is required under the AIM Rules to announce that it is in the final
stages of completing a fundraising of approximately £2 million via an
institutional placing of new ordinary shares.

The proceeds from such a placing will be used to:

-         Accelerate the roll-out of MarketTerminalTM, the international live
financial news and data service, which has been launched today; and

-         Strengthen the Company's working capital position.

A further announcement in relation to the placing will be made in due course.




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