Additional Listing

365 Corporation PLC
4 December 2001


365 Corporation PLC: Issue of Equity



365 Corporation plc have issued 2,179,353 Ordinary Shares of 0.25p each as
follows:



Pursuant to the above-named Company's Employee Share Option Plan options over
202,000 Ordinary shares of 0.25p each have been exercised. The Shares rank
pari passu with the existing issued shares of the Company.



As net asset consideration for the acquisition of Phones Express Limited,
pursuant to the Sale and Purchase Agreement for the acquisition of Phones
Express Limited dated 8 September 2000, 73,294 Ordinary Shares of 0.25p each
ranking pari passu with the existing issued shares in the capital of the
Company were allotted to the Vendors on completion.



As deferred consideration for the acquisition of Phones Express Limited,
318,750 Ordinary Shares of 0.25p each ranking pari passu with the existing
issued shares in the capital of the Company were allotted to the Vendors.



A target performance level having been attained by the Vendors pursuant to the
Sale and Purchase Agreement for the acquisition of Compass Telecom Limited
dated 29 August 2000, additional consideration in the form of the allotment of
203,253 Ordinary shares of 0.25p each ranking par passu with the existing
issued shares in the capital of the Company was made to the Vendors.



As deferred consideration for the acquisition of Compass Telecom Limited,
additional consideration in the form of the allotment of 217,500 Ordinary
Shares of 0.25p each ranking pari passu with the existing issued shares in the
capital of the Company was made to the Vendors.



A target performance level having been attained by the Vendors of Compass
Telecom Limited, contingent consideration in the form of the allotment of
371,748 Ordinary Shares of 0.25p each ranking pari passu with the existing
issued shares in the capital of the Company was made to the Vendors.



A target performance level having been attained by the Vendors pursuant to the
Sale and Purchase Agreement for the acquisition of G Telecommunications
Limited dated 19 April 2000, additional consideration in the form of the
allotment of 451,807 Ordinary Shares of 0.25p each ranking pari passu with the
existing issued shares in the capital of the Company was made to the Vendors.



As deferred consideration under the Sale and Purchase Agreement dated 4
October 2000 for the acquisition of Essential Network Solutions Limited,
312,500 Ordinary Shares of 0.25p each ranking pari passu with the existing
issued shares in the capital of the Company were allotted to the Vendors.



As deferred consideration under the Sale and Purchase Agreement dated 26
January 2000 for the acquisition of 365 Inc. (formerly:e-Merchants Inc.)
28,501 Ordinary Shares of 0.25p each ranking pari passu with the existing
issued shares in the capital of the Company were allotted to the Vendor.



Accordingly, application has been made to the UK Listing Authority for these
shares to be admitted to the Official List and for these shares to be admitted
to trading on the London Stock Exchange.



Copies of this announcement are available from the Registered Office of the
Company for the period of 14 days from the date of this announcement.