Trading Statement

InterX PLC
6 February 2002


FOR IMMEDIATE RELEASE         6 February 2002


                     INTERX PLC ('InterX' or the 'Company')

                               Trading Statement

The board of InterX (the 'Board') announces that its interim results for the six
months to 31 December 2001 will be announced on Tuesday 12 February 2002.


Although InterX's direct and partner sales pipelines continue to grow, the
widespread delay in purchasing decisions and deferral in corporate IT budgets is
materially impacting InterX's ability to convert prospects into sales. The Board
is also concerned that, in the current economic climate, the trend,
increasingly, is for companies to purchase enterprise software from global
market leaders.


Accordingly, and as a result of the level of revenue achieved during the period
to 31 December 2001 and the Board's current expectation of likely revenue for
the remainder of the financial year, the Company's results for the full year
will be substantially below market expectations.


At 31 December 2001, InterX's loan of £16.4 million to Diligenti Limited
('Diligenti'), a company in which InterX has a 34 per cent. stake, was due for
repayment, together with interest of £1.6 million. As a result of its failure to
secure third round funding, Diligenti is currently unable to repay these monies.
Under the terms of the loan agreement, InterX has a fixed and floating charge
over the assets of Diligenti, which include a 59 per cent. stake in Exemplar
International Inc., a NASDAQ-listed company (symbol HCEV). InterX is in
discussion with Diligenti regarding settlement of this issue.


As at 31 December 2001, InterX had cash balances of £6.2 million and a monthly
cash burn rate of £1.0 million.


In light of the foregoing, the Board is currently reviewing the options
available to conserve cash and to maximise shareholder value.


Further details will be announced with the Company's interim results.


Enquiries:

Simon Barker, Chief Executive, InterX                       020 8817 4000
Simon Miesegaes, Finance Director, InterX                   020 8817 4000

Colin La Fontaine Jackson, Director, ING Barings            020 7767 1000


                      This information is provided by RNS
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