Re: SiRViS IT plc

K3 Business Technology Group PLC
12 December 2006


12 December 2006

                        K3 BUSINESS TECHNOLOGY GROUP PLC
                            ('K3' or the 'Company')

                        Re: SiRViS IT plc ('SiRViS IT')

K3 notes the announcements made by SiRViS IT plc on 11 December 2006 and
confirms that it has made a preliminary approach, which may or may not lead to
an offer for SiRViS IT plc.

This approach does not amount to a firm intention to make an offer and,
accordingly, there can be no certainty that any offer will be made, or as to the
terms on which one would be made, even if the pre-conditions are satisfied or
waived.

It is a pre-condition, which will not be waived by K3, that any offer will
require that either the proposed acquisition of Technology Management Group
Limited does not complete in accordance with the terms of the acquisition
agreement dated 23 November 2006 as summarised in the circular issued by SiRViS
IT to its shareholders of 25 November 2006, or that such acquisition agreement
is otherwise terminated in accordance with its terms.

K3 confirms that, in accordance with Rule 2.10 of the City Code, it has
19,290,719 ordinary shares of 25p each in issue with ISIN GB00B00P6061.

A further announcement will be made in due course if and when appropriate.

Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the Takeover Code (the 'Code'), if any
person is,or becomes, 'interested' (directly or indirectly) in 1% or more of any
class of 'relevant securities' of K3 or of SiRViS IT, all 'dealings' in any
'relevant securities' of that company (including by means of an option in
respect of, or a derivative referenced to, any such 'relevant securities') must
be publicly disclosed by no later than 3.30 pm (London time) on the London
business day following the date of the relevant transaction. This requirement
will continue until the date on which the offer becomes, or is declared,
unconditional as to acceptances, lapses or is otherwise withdrawn or on which
the 'offer period' otherwise ends. If two or more persons act together pursuant
to an agreement or understanding, whether formal or informal, to acquire an
'interest' in 'relevant securities' of K3 or SiRViS IT, they will be deemed to
be a single person for the purpose of Rule 8.3.

Under the provisions of Rule 8.1 of the Code, all 'dealings' in 'relevant
securities' of K3 or of SiRViS IT by K3 or of SiRViS IT, or by any of their
respective 'associates', must be disclosed by no later than 12.00 noon (London
time) on the London business day following the date of the relevant transaction.

A disclosure table, giving details of the companies in whose 'relevant
securities' 'dealings' should be disclosed, and the number of such securities in
issue, can be found on the Takeover Panel's website at www.thetakeoverpanel.org.uk.

'Interests in securities' arise, in summary, when a person has long economic
exposure, whether conditional or absolute, to changes in the price of
securities. In particular, a person will be treated as having an 'interest' by
virtue of the ownership or control of securities, or by virtue of any option in
respect of, or derivative referenced to, securities. Terms in quotation marks
are defined in the Code, which can also be found on the Panel's website. If you
are in any doubt as to whether or not you are required to disclose a 'dealing'
under Rule 8, you should consult the Panel.'

Enquiries:

Andy Makeham, Chief Executive       Tel: [phone]
K3 Business Technology Group plc

Paul Shackleton                     Tel: [phone]
Daniel Stewart & Company plc

Katie Tzouliadis                    Tel: [phone]
Biddicks





                      This information is provided by RNS
            The company news service from the London Stock Exchange