Statement re Possible Offer

ITE Group PLC
18 July 2000



                   ITE GROUP PLC


ITE Group Plc ('ITE') notes recent press speculation, and
advises that it is in preliminary discussions that may or
may not lead to an offer for ITE in due course.  It should
be noted that the level of the offer under discussion is
below 100p.  A further announcement will be made when
appropriate.

Enquiries:

Investec Henderson Crosthwaite
Jagjit Mundi, Managing Director of Corporate Finance

020 7597 5970

Buchanan Communications
Richard Oldworth/Isabel Petre

0207 54665000