Preliminary Results

Anite Group PLC
4 July 2000
                   ANITE GROUP PLC ('ANITE')
                               
       PRELIMINARY RESULTS FOR THE YEAR TO 30 APRIL 2000


Anite  Group  plc,  the European IT consultancy  and  services
company,  today  announces preliminary results  for  the  year
ended 30 April 2000.

Highlights

*  Profit* up 37% to £13.7m (1998/9: £10.0m)
*  Strong growth in core businesses:
   -  Profits in Telecoms business up 150% at £4.0m
   -  Profits in Consultancy business up 60% at £7.5m
   -  Profits in Travel business up 29% at £2.2m
*  Earnings per share* up 34% to 3.9p (1998/9: 2.9p)
*  French acquisition (Datavance) establishes a significant pan-
   European consultancy business with 1500 consultants
*  Strengthening presence in e-commerce and telecoms software

*  Adjusted  for goodwill amortisation, profit on sale/closure
   of  discontinued operations and before tax
*  Adjusted  for  goodwill amortisation, profit on sale/closure
   of discontinued operations and after tax

Commenting on the results Alec Daly, Chairman, said:

'I  am  pleased to report another successful year  for  Anite.
The  significant  refocusing  of our  solutions  business  has
resulted in strong sales and profits growth and the process of
integrating  the  large  number of  businesses  that  we  have
acquired in the IT consultancy sector is going well.

'Within our chosen market sectors of Telecoms, Finance, Travel
and  Public Sector, we now have well managed, strongly growing
businesses  that  will  exploit  the  buoyant  demand  for  IT
services.   We  have continued to show strong  growth  in  the
current  financial year and I look forward to the future  with
confidence.'

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

Anite Group plc
John Hawkins, Chief Executive       On 4th July: 020 7253 2252
Simon Hunt, Finance Director         Thereafter: 0118 945 0129

Ludgate Communications                           020 7253 2252
Edward Macquisten/Reg Hoare

Chairman's Statement

I  am  pleased  to report profits before goodwill amortisation
and  tax 37% higher than last year at £13.7m (1998/99:£10.0m).
Group  sales  of  continuing businesses  were  12%  higher  at
£153.7m   (1998/99:  £137.6m).   Each  of  our  core  business
divisions  has  grown strongly.  The profits of  our  Telecoms
business have grown by 150% due to strong demand for its  GPRS
solutions.  Our balance sheet remains strong and was  ungeared
at the year-end.

Financial results

The  turnover  of our consultancy businesses grew  by  52%  to
£76.6m  and  its  operating  profits  grew  to  £7.5m.    This
represents  an increase of 60% compared with £4.7m last  year;
notwithstanding weakening demand for SAP integration  services
which represent approximately 20% of our German business.   We
have  commenced the integration of our German businesses under
the name of Anite Germany.  The consultancy division currently
employs 1500 people compared with 900 a year ago.  Profits  of
our  solutions businesses grew by 88% to £6.2m,  on  sales  6%
higher  at  £39.4m.  This  growth  was  led  by  the  Telecoms
business,  whose profits were up 150% at £4.0m.  Anite  Travel
had  an  excellent year, with profits growing by 29% to £2.2m.
There  is strong demand for its managed service and e-commerce
solutions,  which represent around one third of current  order
intake.

Profits of IT Resourcing were maintained at £0.5m on sales 24%
lower  at  £37.7m. Demand declined in 1999 due to weak  market
conditions.  Trading results in the final quarter  of  1999/00
reflected an improving trend, as a result of restructuring and
stronger demand.

Corporate activity

1999/00  was  another year of major acquisition activity.   We
have  completed  16  acquisitions  since  February  1998.   We
greatly  strengthened  our Anite Public Sector  business  with
acquisitions.   This  extends our UK Local Authority  business
into  applications, marketed into Revenues  and  Benefits  and
Housing departments and Social Services departments.

The  acquisition  of  GMO  Austria  extended  our  consultancy
services  into  that  territory.  BIV  acquired  Jurgen  Spahr
Consulting Gmbh, extending its business in the German  defence
sector.   The acquisition of Opentur in Italy added e-commerce
services  for  tour operators in Italy to  Anite  Travel.   In
addition, Anite Travel acquired Intelligent Environments plc's
worldwide  travel activities, enabling us to  offer  their  e-
commerce solutions to our customers.  Since the year  end  the
acquisition of 2 Support in the Netherlands in May 2000  added
their  e-commerce  services  to  our  Netherlands  consultancy
business.

Acquisition of Datavance Group Sarl

We  acquired  Datavance, a French IT services  and  e-commerce
consultancy  business,  after  the  year-end  in   May   2000.
Datavance   provides  IT  consultancy  services  to   banking,
telecoms,  public sector and other customers  in  France.   It
focuses  on  e-commerce and Internet services and employs  270
people.   Its  profits  have grown  very  strongly  since  its
formation in 1990. The price we paid was £29.4m on completion,
of  which £19.9m was in cash, the remainder being provided  by
the  issue  of  Anite shares. An earn out of  up  to  £20m  is
payable  in  a  mixture  of shares and cash  based  on  future
profits  growth. As part of the financing for  this  deal,  we
raised approximately £12m cash by placing 8.6m new shares.

Cash

Our  year-end  overdraft  was £0.5m.  Earn  out  and  property
payments  in  the year were £16.3m.  Assuming continuing  high
profits  growth  from companies acquired,  earn  outs  in  the
current  year  will  be  £15m.   The  cost  of  the  Datavance
acquisition in May 2000, net of the associated share  placing,
was  £7m.  Surplus property is around 95% occupied, and future
annual   cash   outgoings  (which  will  be  charged   against
provisions) will be small.

Board and employees

There  have been no changes to the board during the year.   We
intend  to  propose  a  resolution for an additional  employee
share  scheme under the proposals in the Finance Bill  at  the
AGM.

I  would  finally like to express my thanks to  our  employees
throughout  Europe  for  the  excellent  contribution  to  our
results this year.  Their performance and competence allows us
to look to the future with confidence.

Dividend

Given  the growth opportunities that the management sees,  the
board  recommends maintaining the final dividend at  the  same
level  as  last  year,  being 0.3p per  ordinary  share.   The
dividend  will be paid on 11th August 2000 to shareholders  on
the  register  at 14th July 2000.  The board is reviewing  the
ongoing  dividend  policy in the light  of  the  opportunities
available to the group.

Outlook

The  solutions businesses inherited by our management team  in
early  1998  have  now been pruned from eleven  businesses  to
three. Their activities have been significantly refocused, and
it  is  very encouraging to report the strong sales and profit
growth that has resulted. Our fastest growing business  is  in
the   Telecoms   sector.   The  process  of  integrating   the
activities  of  the large number of businesses  that  we  have
acquired  in  the  last  two  and  a  half  years  in  the  IT
Consultancy sector is proceeding well.

Within  our chosen market sectors of Telecoms, Finance, Travel
and  Public Sector, we now have well managed, strongly growing
businesses  that  will  exploit  the  buoyant  demand  for  IT
services.   We  have continued to show strong  growth  in  the
current  financial year and I look forward to the future  with
confidence.

Alec Daly
Chairman

Anite Group plc
Consolidated Profit and Loss Account
for the year ended 30th April 2000


                                                 2000       1999
                                     Notes      £'000      £'000
                                                                
Turnover                                                        
Existing operations                           147,379    137,621
Acquisitions                                    6,248          -
                                              _______    _______
                                                                
Continuing operations                         153,627    137,621
Discontinued operations                         5,349     43,208
                                              _______    _______
                                                                
                                              158,976    180,829
Cost of sales                                (104,979)  (131,945)
                                              _______    _______
                                                                
Gross profit                                   53,997     48,884
Other operating expenses (net)                (40,408)   (40,034)
                                              _______    _______
                                                                
Operating profit before goodwill                                
amortisation                                                    
  - Existing operations                        13,442      8,432
  - Acquisitions                                  775         -
                                              _______    _______
                                                                
  Continuing operations                        14,217      8,432
  Discontinued operations                        (628)       418
                                              _______    _______
                                                                
Operating profit before goodwill                                
amortisation                                   13,589      8,850
Goodwill amortisation                          (6,997)    (3,229)
                                              _______    _______
                                                                
Operating profit after goodwill                                 
amortisation                             2      6,592      5,621
Share of associates' operating                                  
profit                                              -         70
Profit on sale/closure of                                  
discontinued operations                           425          -
                                              _______    _______
                                                                
Profit on ordinary activities                                   
before interest                                 7,017      5,691
Interest receivable less interest                               
payable                                           154      1,097
                                              _______    _______
                                                                
Profit on ordinary activities                                   
before tax                                      7,171      6,788
Tax on profits on ordinary                                      
activities                                     (3,969)    (2,900)
                                              _______    _______
                                                                
Profit on ordinary activities after                             
tax                                             3,202      3,888
Minority interests                                  -        (82)
                                              _______    _______
                                                                
Profit for the financial year                   3,202      3,806
Dividends proposed                       3       (750)      (737)
                                              _______    _______
                                                                
Retained profit for the year                    2,452      3,069
                                              _______    _______
                                                                          
Earnings      Basic - after goodwill                                
per share     amortisation               4        1.3        1.6
              - before goodwill                                     
              amortisation and profit                               
              on sale/closure of                                    
              discontinued operations             3.9        2.9
                                                                          
              Diluted   - after goodwill
              amortisation                        1.3        1.5
              - before goodwill                                     
              amortisation and profit                               
              on sale/closure of                                    
              discontinued operations             3.9        2.9


Anite Group plc
Consolidated Statement of Total Recognised Gains and Losses
for the year ended 30th April 2000


                                                   2000     1999
                                                  £'000    £'000
                                                        
Profit for the Financial year                     3,202    3,806
Gain on foreign currency translation                960    2,079
                                                _______  _______
                                                                
Total recognised gains and losses relating to                   
the year                                          4,162    5,885
                                                _______  _______
                                                                
Prior year adjustments                                -    1,541
                                                _______  _______
                                                                
Total gains and losses recognised since last                    
annual report                                     4,162    7,426
                                                _______  _______
                                                                


Anite Group plc
Consolidated Balance Sheet
at 30th April 2000

                              2000      2000      1999      1999
                             £'000     £'000     £'000     £'000
Fixed assets                                                    
Intangible assets                     74,555              56,598
Tangible assets                       12,226              16,446
Investment                               322                   -
                                      ______              ______
                                                                
                                      87,103              73,044
                                                                
Current assets                                                  
Stocks                       6,929               2,610          
Debtors                     41,012              43,080          
Cash at bank                 4,474               5,380          
Short term deposits              -               3,000          
                            ______              ______          
                                                                
                            52,415              54,070          
                                                                
                                                                
                                                                
Creditors: amounts                                              
falling due within one                                          
year                       (57,611)            (66,381)          
                                      ______              ______
Net current                                                     
liabilities                           (5,196)            (12,311)
                                      ______              ______
Total assets less                                               
current liabilities                   81,907              60,733
                                                                
                                                                
Creditors: amounts                                              
falling due after more                                          
than one year                         (1,935)             (1,500)
                                                                
Provisions for                                                  
liabilities and                                                 
charges                              (43,609)            (34,380)
                                      ______              ______
                                                                
Net assets employed                   36,363              24,853
                                      ______              ______
                                                                
Capital and reserves                                            
Called-up share                                                 
capital                               25,051              24,632
Share premium account                  5,901               3,464
Revaluation reserve                      292                 292
Profit and loss                                                 
account                                5,034              (3,631)
                                      ______              ______
                                                                
Shareholders' funds                   36,278              24,757
Minority interests                        85                  96
                                      ______              ______
                                                                
Total capital employed                36,363              24,853
                                      ______              ______
                                                                

Approved by the Board and signed by

A Daly
Chairman
3rd July 2000



Anite Group plc
Group Cashflow Statement
for the year ended 30th April 2000

                                                  2000      1999
                                        Notes    £'000     £'000

Net cash inflow from operating                                  
activities                                  2    2,044     1,328
Returns on investments and servicing                            
of finance                                         402     1,362
Taxation                                        (1,480)     (644)
Capital expenditure and financial                               
investment                                      (4,337)   (4,545)
Acquisitions and disposals                      (4,516)  (36,033)
Equity dividends paid                             (737)     (598)
                                                ______    ______
                                                                
Cash outflow before management of                               
liquid funds                                    (8,624)  (39,130)
Management of liquid funds                       3,000    42,900
Financing                                         (198)      615
                                                ______    ______
                                                                
(Decrease)/increase in cash in the             
 year                                           (5,822)    4,385              
                                               _______    ______
                                                                


Anite Group plc
Notes to the accounts


1.The  financial information set out below does not constitute
  the  Company's statutory accounts within the meaning of s240
  of  the Companies Act 1985.  The statutory accounts for  the
  Company for the year ended 30 April 1999 have been delivered
  to  the  Registrar  of Companies.  The auditors'  report  on
  those  accounts  was  unqualified and did  not  contain  any
  statements under Section 237(2) or (3) of the Companies Act.

  The  auditors have yet to give their opinion on the accounts
  for  the year ended 30 April 2000.  These accounts have been
  prepared  using the same accounting policies as  in  the  30
  April  1999 statutory accounts and will be delivered to  the
  Registrar of Companies following the Annual General  Meeting
  on 10 August 2000.

2.Reconciliation of operating profit to net cash
  inflow/(outflow) from operating activities

                                                   2000     1999
                                                  Total    Total
                                                  £'000    £'000
Operating profit                                                
Trading                                           6,592    5,621
                                                 ______   ______
                                                                
Depreciation                                      3,493    3,471
Goodwill amortisation                             6,997    3,229
Increase in stock                                (4,978)  (1,305)
Decrease in debtors                                 703      298
Decrease in creditors                           (11,463)  (9,057)
Loss/(profit) on disposal of fixed assets           509      (10)
Exchange movement                                   191     (919)
                                                 ______   ______
                                                                
Net cash inflow from operating activities         2,044    1,328
                                                 ______   ______
                                                                

  Reconciliation of net cashflow to movement in net funds

                                                  2000      1999
                                                 £'000     £'000
                                                                
(Decrease)/increase in cash in the year         (5,822)    4,385
Decrease/(increase) in bank loan and lease                      
financing                                          895      (413)
Decrease in liquid resources                    (3,000)  (42,900)
Exchange movement                                  (96)       (5)
                                                ______    ______
                                                                
                                                (8,023)  (38,933)
                                                ______    ______
                                                                
Opening net funds                                6,932    45,865
                                                ______    ______
                                                                
Closing net funds                              (1,091)     6,932
                                                ______    ______
                                                         


3.   Dividend proposed
                                                   2000     1999
                                                  £'000    £'000

Final dividend proposed of 0.3p per ordinary                    
share (1999: 0.3p)                                  750      737
                                                _______  _______
                                                                

4.   Earnings per ordinary share
                                                   2000     1999
                                                  £'000    £'000
                                                                
Earnings - profit for the financial year          3,202    3,806
         - excluding goodwill                     6,997    3,229
         - excluding profit on sale/ closure                    
           of discontinued operations              (425)       -
                                                 ______   ______
                                                                
         - adjusted profit                        9,774    7,035
                                                 ______   ______
                                                        
Number of shares ('000)                                 
Weighted average number of shares in issue -                    
used to calculate earnings per share            247,626  242,363
                                                 ______   ______
                                                                
Effect of dilutive ordinary shares                              
               - Share options                    2,342    1,305
                                                 ______   ______
                                                                
               - SAYE scheme                      2,052    2,543
                                                 ______   ______
                                                                
               - Shares to be issued as part                    
                 of deferred consideration          124        -
                                                 ______   ______
                                                                
Number of shares used to calculate diluted                      
earnings per share                              252,144  246,211
                                                 ______   ______