Appointment

Auxinet PLC 13 August 2001 Marc Wood Appointed Group Chief Executive of auxinet plc auxinet plc, the AIM listed e-commerce payments solutions company is pleased to announce the appointment of Marc Wood as Chief Executive of the Company with immediate effect. Marc has been employed within the Group since April 2000 and was initially responsible for the development of the Group's B2B payment solution Platima. Since 3 January 2001, when Marc was appointed to the Board, he has also been responsible for managing the DataCash business Mr Wood previously held the role of Senior Vice President of Mergers, Acquisitions and e-commerce for Equifax Europe. Marc also spent 15 years in sales and marketing, with Perot Systems and Electronic Data Systems (EDS). David Bailey, chairman of auxinet, said: 'Since Marc's appointment to the Board he has been successful in maximising the synergies existing between the DataCash and Platima products. It is logical, following auxinet's withdrawal from its recruitment activities, that Marc should now take full executive responsibility for the Group. With the business now solely focussed upon payments, and with Marc as Group CEO, the Board is confident that the Company is better placed to achieve its objective of rapid, secure and, most importantly, profitable long-term growth.' ENDS For further information, please contact: David Bailey Chairman, auxinet plc 0870 72 74 760 John Coyle Clerkenwell Communications 020 7713 0900 0370 687 370 07699 727 796 (pager)

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