Issue of Equity

Knowledge Technology Solutions PLC
4 June 2001

For Immediate Release



                      Knowledge Technology Solutions PLC

     Places 10 million new Ordinary Shares with HSBC Investment Bank plc

                       and Billam PLC to raise £250,000


Knowledge Technology Solutions PLC 'KTS', the developer of proprietary
software and owner of the Sharepages.com financial information portal today
announces it has conditionally placed a total of 10 million new Ordinary 0.1p
Shares at 2.5p raising £250,000.

HSBC Investment Bank plc 'HSBC' and Billam PLC 'Billam' have each subscribed
for 5 million new Ordinary Shares which will rank pari passu with the existing
shares in issue.

The proceeds of the placing will primarily be used for the development of the
company's ASP based Market Terminal product which will deliver high-end
financial information aimed at investment professionals.

Commenting on the placing, Dr Marc Pinter-Krainer, CEO, said:

'The investment of HSBC and Billam represents an important step forward for
the Company. It will assist in the accelerated rollout of our Market Terminal
product which delivers real-time market information without the requirement
for bespoke hardware or software.'

4 June 2001

Further Enquiries:

Dr Marc Pinter-Krainer

CEO, Knowledge Technology Solutions     020 8795 2700

Roland Cornish

Beaumont Cornish, Nominated Advisors     020 7628 3396

Notes:

The company's Market Terminal product is a high-end financial information
terminal which combines reliable delivery of real-time market information with
the advantages of Application Service Provision ('ASP'). Advantages include
enhanced mobility, no hardware or software requirements and significantly
lower cost to the client.

The placings are conditional up admission to trading on the Alternative
Investment Market ('AIM') becoming effective, and in the case of the placing
with Billam subject also to shareholder approval of the resolutions necessary
to effect the placing at an Extraordinary General Meeting ('EGM') of the
Company to be convened as soon as possible. Application is being made for the
new Ordinary Shares allotted to HSBC to be admitted to trading on the AIM.
Following the EGM to seek authority for the Directors to allot further new
Ordinary Shares application will be made for the new Ordinary Shares
provisionally allotted to Billam, to be admitted to trading on AIM. Following
admission of the shares HSBC and Billam will each acquire 7.65 per cent of the
issued share capital of Knowledge Technology Solutions.