Change of Adviser

Intercede Group PLC
2 April 2002











                              INTERCEDE GROUP plc

                         ('Intercede' or 'the Company')


                  Appointment of Nominated Adviser and Broker





Intercede today announces that KBC Peel Hunt Limited has been appointed as the
Company's nominated adviser and broker, with immediate effect.



                                                                    2 April 2002



ENQUIRIES:


Intercede Group plc                       Tel. [phone]
Andrew Walker, Finance Director


College Hill                              Tel. [phone]
Archie Berens                             E-mail:[e-mail]
Clare Warren                              E-mail:[e-mail]















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