Holding in Company

Knowledge Technology Solutions PLC
21 December 2001



FOR IMMEDIATE RELEASE

KNOWLEDGE TECHNOLOGY SOLUTIONS PLC (the 'Company')

21 December 2001


Following the recent placing with Dresdner RCM Global Investors (UK) Ltd
('Dresdner'), the Company were notified on 21 December 2001 that the combined
disclosable interest of Allianz AG Group, of which Dresdner is an indirect
subsidiary, amounts to 4,150,000 shares. This represents 5.157% of the
ordinary issued share capital of 80,472,461 shares issued by Knowledge
Technology Solutions PLC.



The present position in respect of the disclosable interests of the
subsidiaries of Allianz is as follows:

  * Kleinwort Benson Channel Islands Limited, KBIM International Limited and
    Kleinwort Benson Investment Management Holdings Limited are interested in
    3,230,000 shares representing 4.013% of the issued capital.

ENDS

21 December 2001

Further Enquiries:

Dr Marc Pinter-Krainer

CEO, Knowledge Technology Solutions 020 8795 2700

Roland Cornish

Beaumont Cornish, Nominated Advisors 020 7628 3396

END