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Ultima Networks plc (UTN)

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Friday 29 September, 2006

Ultima Networks plc

Statement re Sale of Property

                       Ultima Networks PLC (the "Company")

                            Sale of Bradford Property

The Company is pleased to report the completion of the sale of its Bradford
property as previously detailed in the announcement dated 25 July 2006.

Date: 28 September 2006

Contact:

Ultima Networks PLC
Rob Piper, Finance Director                       Tel: 01279 821200