Offer for Subscription

Billam PLC
2 November 2000

                                  Billam plc

                            Offer for subscription

Billam has today sent a prospectus on World Life Sciences plc ('WLS') to all
its shareholders giving them the opportunity to subscribe for shares in WLS at
a price of 1pence per share.

Copies of all documents sent to Billam's Shareholders are available from
Billam plc, 24/26 Baltic Street West, London, EC1Y OUR


Further information:

Peter Hoskins, 020 7702 5544