Issue of Equity

Anite Group PLC
12 July 2002

                                                            Friday, 12 July 2002



                           ANITE GROUP PLC ('Anite')

         Anite crystallises majority of short term earnout commitments

Anite Group plc ('Anite'), the European IT Consultancy & Services company, is
pleased to announce that it has today reached agreement with certain sellers of
businesses acquired by Anite since its financial year ended 30 April 2000, which
has enabled it to crystallise two of its largest 2002 earnout commitments by
issuing consideration shares at an average price of 74.4p, which is
significantly in excess of the Anite closing share price on 11 July 2002.  This
has the effect of bringing the dilution from the issue of these shares broadly
into line with that anticipated by the Board at the time of its preliminary
results announcement issued on 9 July 2002.

Under the terms of such agreement which relates to two acquisitions, Calculus
Solutions Limited ('Calculus') in December 2000 and Parsec Systems Limited
('Parsec') in August 2001, 30,494,325 ordinary shares of 10p have been, or will
shortly be, issued as follows:

  • in respect of Calculus, 28,283,542 ordinary shares of 10p, at a price of
    70.7125p; and,
  • in respect of Parsec, 2,210,783 ordinary shares of 10p,  at a price of
    122.1p.

Application will be made to list the above shares in due course.

In addition, £2,699,366.50 of loan notes, funded from Anite's existing bank
facilities, will be issued to the sellers of Parsec.

The Board continues to review all of Anite's remaining earnout liabilities and
will update shareholders in relation to progress made as appropriate. It should
also be noted that a significant proportion of future potential earnout
liabilities relates to the possible acquisition of Dati Group, the European IT
software developer, which is subject to a call option exercisable entirely at
Anite's discretion.

A trading update will be provided at the time of Anite's Annual General Meeting
to be held on 4 September 2002.

John Hawkins, Chief Executive of Anite, stated:

'I am pleased that in a falling stock market we have been able to expedite the
crystallisation of certain earnout obligations, which I believe will bring
increased certainty for our shareholders.'

For further information, please contact:                          www.anite.com

Anite Group plc                                       On the day: 0207 950 2800
John Hawkins, Chief Executive                         Thereafter: 0118 945 0129
Simon Hunt, Finance Director

Weber Shandwick Square Mile                                       0207 950 2800
Reg Hoare/Laurence Read                                           07979 955 923



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