Launch of European Business for Business Portals

ITE Group PLC
6 March 2000

ITE Group Plc to launch Business for Business Vertical Portals in Europe

'b4bportals.com - Maximising content with community'

Further to the announcement made by ITE Group Plc ('ITE') on 14 February in
relation to its strategy for its business Internet venture, ITE is pleased to
announce further details.

ITE has formed a wholly owned subsidiary, b4bportals.com Limited, to run its
business for business vertical portals in geographical markets where ITE
currently has a physical presence and to leverage off its major asset - its
databases, both locally and internationally. 

The strategy is for b4bportals.com to, initially, become the leading emerging
market business for business vertical portals providing focused content and
dedicated sites for businesses to sell their products and services. Regional
sites will be multilingual and grouped by specialist industry communities. By
focusing on specialist industries each of these regional communities will
cater for individuals with similar business interests giving them better value
for their time on the Internet.

Initial subscribers to the service will come from ITE's extensive databases
held by itself, its subsidiaries and local partners. ITE currently has over
15,000 physical exhibitors at its exhibitions and a database of over 400,000
active business contacts. ITE is in a unique position to leverage its position
with its local partners and their local databases as well as ITE's
international ones.

Revenue will come from three sources - advertising and sponsorship, fees for
setting up businesses on the portals together with monthly maintenance fees,
and transaction fees for business deals conducted on the sites. 

Internet offices are being set up in all countries where ITE currently
operates and sales and translation teams are currently being recruited and
portals will be set up in Turkey, China, Russia, Poland, Czech Republic,
Egypt, Kazakhstan, Singapore, Slovakia and Bulgaria. Because of the Company's
international data base, portals will also be set up in both Germany and the
United Kingdom.  b4bportals.com will form alliances with local and
international partners to provide industry specific content as well as
technological expertise to speed up the initial setting up phase.

The board of b4bportals.com will be chaired by ITE's chairman, Lawrie Lewis,
with group chief executive, Steve Monnington being one of the initial
directors.  It is anticipated that further board appointments from outside of
ITE with relevant Internet experience will be made in due course.

Initial financing for this venture will be provided by ITE's own resources but
additional funding will be necessary and ITE's advisors are discussing the
various financing options available to the Company.

Chairman Lawrie Lewis said, 'Having been in the exhibition business for two
decades this is the most exciting growth opportunity I have ever been involved
in. ITE has always been a pioneer in new markets and is better placed than any
other company to become the market leader in business for business portals in
emerging markets.'

Contact:

Steve Monnington - Chief Executive
ITE Group Plc                            0207 596 5000

Richard Oldsworth / Isabel Petre
Buchanan Communications                  0207 466 5000