Subsidiary's Acquisition

ITE GROUP PLC
20 September 1999


ITE Group plc ('ITE') acquires 100% of IS Expo Shows in Moscow and Hong Kong

On 17 September 1999 ITE, through its wholly owned subsidiary, International
Trade and Exhibitions (JV) Limited, has acquired from LGT EU Limited the
rights to two exhibitions covering sweets, chocolate, biscuits and pastry. 
These exhibitions trade under the name IS Expo.

IS Expo in Moscow held its seventh exhibition in September 1999 and ITE has
agreed to pay an amount in cash equal to three times the average profits for
the years 1999, 2000 and 2001.  An initial amount of US$450,000 has been paid
based on the profit before tax in 1999 estimated at US$150,000.  Further
payments will be made after the shows in 2000 and 2001.

IS Expo in Hong Kong is to be held for the first time in June 2000 and ITE has
agreed to pay an amount in cash equal to three times the average profits from
this show for the years 2000, 2001 and 2002.

Lawrie Lewis, Chairman and Chief Executive of ITE, said, 'The acquisition of
the two IS Expo shows adds the important theme of sweets and confectionery to
ITE's Food division.  The show in Moscow is well established and the new show
in Hong Kong will be ITE's first one in the Far East, complementing our joint
venture activities in China.'

For further information please contact:

Lawrie Lewis           ITE Group plc                 07771 535332
                       Chairman                      0171 596 5000


Odette Jonkers         ITE Group plc                 0171 596 5000
                       Press Office

Isabell Petre          Buchanan Communications Ltd   0171 466 5000