Investment in TigerEx.net

Billam PLC 14 November 2000 Billam Plc The Directors of Billam plc note that TigerEx.net Limited, a company in which Billam plc has a 3.75% shareholding today announced a $3.75 million dollar investment by Prudential Plc. As part of the Investment Keith Bedell-Pearce an Executive Director of Prudential Plc will join the Board of TigerEx.net Limited as a Non Executive Director. For Further Information: - Mr P. Hoskins Billam plc 020 7251 9111 www.billamplc.co.uk

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