Re Strategic investment

Telme Group PLC
4 February 2002



                           TELME GROUP PLC ('TelMe')


     TelMe Announces Investment in Voice Activated Venture with PostcodeID


TelMe announces that it has made a strategic investment in PostcodeID Limited, a
joint venture with the shareholders of ICR Group Limited, a provider of business
solutions for the customer service market, based in West Yorkshire.



TelMe has acquired an initial 25% stake by the exercise of an option under an
agreement entered into in June 2001.  TelMe will also take an option over the
shares of the other shareholders. Under the terms of the option agreement TelMe
has paid £25,000 for the 25% shareholding and will make its technology, data and
commercial resource available to PostcodeID.



Paul Chapman, co-founder of TelMe's core business, GB Information Management,
and holder of 8% of the shares of TelMe is to transfer and take up an Executive
Directorship with PostcodeID.   Mr Chapman will also subscribe for 6% of the
PostcodeID shares.


PostcodeID has developed a voice recognition system which integrates with
TelMe's National Register Database of 44 million individuals to create an
automated system for capturing and confirming voice transmitted data.  The first
application using the system to register and confirm a caller automatically
using just the postcode and the person's name has undergone a successful
commercial trial with ntl:


Other commercial initiatives, including the use of the system by utilities,
motor manufacturers, travel companies and financial services organisations are
currently being negotiated by PostcodeID.


Commenting on the transaction, Chief Executive of TelMe, Richard Law said:


'The investment in PostcodeID represents an exciting opportunity for TelMe to
benefit from the rapid expansion of the automated data capture market.  TelMe
will benefit both from licensing revenue for every system sold and in terms of
added value to our investment in PostcodeID.  The business has made huge
progress since it was set up last year and, with the development of working
products and the successful ntl: trials, the potential value of the investment
has increased significantly.  I am particularly pleased that Paul Chapman has
agreed to take up a Directorship in the new venture.  His experience as the
co-founder of GB Information Management and Alterian plc will be a great asset
to the new venture moving forward.'


Managing Director and Chairman of PostcodeID, Jonathan Smith, said:


'This joint venture formally brings together the information management skills
of TelMe with the voice recognition and telephony expertise of ICR.  The
completion of a very successful commercial trial with such a high profile
telephony services company as ntl: has validated the efficiencies that the
service can bring to all businesses.  PostcodeID represents a leading edge fully
automated and innovative approach to increasing efficiency within the customer
contact sector.  Paul Chapman has collaborated with the development of the
PostcodeID system and I welcome his dedicated involvement with the Company.'



For further information, contact:


TelMe Group plc                                  01244 657333
Richard Law


Weber Shandwick Square Mile                      020 7950 2800
Richard Hews/Trish Featherstone


Notes to Editors


About TelMe Group plc

TelMe, through its brands of GB Information Management and DataCare, provides a
range of Customer Relationship Management ('CRM') products and services to
clients such as BSkyB, WHSmith, Britannia Music, Amerada, Trinity Mirror and
npower, helping them to understand and manage their millions of customers more
effectively in order to increase sales growth, profitability and investment
within their businesses.


'National Register' is just one of a number of products and services designed
and marketed by TelMe.  The system utilises data sources (including the
electoral roll and postcode address files) to create a database of over 44
million names and addresses in the UK.


TelMe's website is at http://www.gb.co.uk



About PostcodeID Limited


PostcodeID is a provider of fully automated caller identification services.
Founded in 2001 and headquartered in Saltaire, West Yorkshire, PostcodeID
enables the automatic recognition of callers by postcode and street names. This
allows some processes to be fully automated, minimising the amount of time
agents need to spend on calls.


The PostcodeID website is at http://www.postcodeid.co.uk

About ICR

ICR, a UK provider of business solutions for the customer service market was
founded in 1996.  It is headquartered in Saltaire, West Yorkshire.  A top 10
entrant in the 2001 Sunday Times Fast Track 100 list of the fastest growing
companies in the UK, the Group specialises in the provision of innovative
solutions to the customer service sector.  ICR Group is privately owned and
related companies include The Independent Consultant Register Ltd, Utilis
Solutions Ltd and PostcodeID Ltd.

The ICR Group website is at http://www.icrgroup.co.uk

                      This information is provided by RNS
            The company news service from the London Stock Exchange