Investment

Billam PLC
30 August 2000

                                  BILLAM  PLC


The  Directors of Billam Plc today announced an exciting investment of 340,000
Euros  in  IVU Traffic Technologies AG.  This Investment follows  closely  the
announcement  of a previous pre IPO funding of 300,000 Euros made  on  the  23
June 2000.

IVU  Traffic Technologies AG made a successful debut on the Neuer Markt on 7th
July  2000,  its  shares have traded as high as 31.60 Euros having  opened  at
10.50 Euros.

IVU Traffic Technologies AG develops intelligent software and system solutions
for:
     human mobility
     the transport of goods and information
     German and International customers.

IVU  is  the Market Leader in scheduling and information systems in the German
speaking  countries  and in some other parts of Europe for  public  transport,
waste management and construction materials market segments.

IVU  Traffic  Technologies AG's R&D investments are  oriented  to  the  market
requirements of the future and are based throughout
on future-oriented technologies such as:

     Internet Applications (e.g.GIS Framework and Fleetfinder)
     Mobile  Telecommunications applications (e.g.TTS  Teletravel  System  for
     locating mobile phones via GSM )

IVU  sees the use of electronic media for sales tasking e-business as being  a
key  to Global Sales. IVU's expansion of the international sales network  will
primarily focus on licensing and product sales. IVU has a comprehensive  sales
strategy for German and International Markets:

IVU  is  active in market segments with significant growth potential.   It  is
market leader in specific market segments in Europe

IVU  is  growing more rapidly and at a higher rate than the market sectors  in
which it operates.

Billam plc has agreed to establish a network of telematic companies in The  UK
and  has  formed a Strategic Alliance with IVU to implement this. As  part  of
this  Alliance Billam plc has agreed shared office facilities with IVU in  the
UK at 24-26 Baltic Street West, London EC1Y OUR. Billam plc has further agreed
to  take a 20% shareholding in IVU Traffic Technology AG's intended UK  Public
Limited Company subsidiary.

30 AUGUST 2000

For further information please contact Peter Hoskins 020 7251 9111