Result of EGM, etc

MSW Technology PLC
7 August 2000


MSW TECHNOLOGY PLC (the 'Company')

The Company announces that, following the Extraordinary General Meeting of the
Company held today at which the necessary special resolution was duly passed,
1,240,000 new ordinary shares of 5p each ('Ordinary Shares') have been allotted
to places, fully paid, at 40p per share. Dealings in the shares are expected to
commence on 8 August 2000. As a result of the placing, the Company now has
13,666,436 Ordinary Shares issued and fully paid.

Also, as a result of the placing, MSW Technology plc announces that the
interests of the Directors of the Company which have been notified to the
Company pursuant to Sections 324 or 328 of the Companies Act 1985 ('the Act'),
and of all persons connected with the Directors (within the meaning of Section
346 of the Act), in Ordinary Shares and Warrants to subscribed for Ordinary
Shares at a price of 78p per Ordinary Share ('Warrants'), which would if the
connected person were a Director be required to be disclosed under the Act, are
as follows:


Name            No of        No of       Percentage      No of     Percentage
             Ordinary     Ordinary               of   Warrants             of
               Shares       Shares            Share       Held       Warrants
             Acquired    Following          Capital  Following           Held
                   in      Placing             Held    Placing        Placing
              Placing                     Following
                                            Placing              

J I Lang       62,500      172,500            1.26%     50,000          2.44%
R M Drummond   15,000      636,850            4.66%     74,475          3.63%
S C Thorne       -         158,396            1.16%     26,398          1.29%
J W Debnam    125,000      385,800            2.92%    126,800          6.18%
P H Morgan       -          12,500            0.09%      6,250          0.30%

CONTACT DETAILS

Simon Thorne:   020 7462 3300
MSW Technology PLC

Jeffrey Coburn: 020 7628 2200
John East & Partners Limited