Interim Results

TMT Group PLC
31 March 2005

31st March 2005


                   TMT GROUP PLC

                   INTERIM RESULTS

TMT Group plc ('TMT' or 'the Company') today announces its Results for the
period ended 31 December 2004.  The Company was incorporated on 24 May 2004 so
no prior period results are included for comparative purposes.

Chairman's statement for the period ended 31 December 2004

These are the first set of results for TMT, showing the results for the period
24 May 2004 to 31 December 2004. The Company made an operating loss of £145,845
and had net assets of £971,221 at the period end. TMT came to AIM on 16th July
2004, raising gross funds of £1.1 million. It was a newly established company,
created to invest in businesses within the technology, media and
telecommunications ('TMT') sectors. Upon Admission, the Company had no trading
businesses.

The Director's original and continuing strategy is to use TMT as a vehicle to
identify and acquire businesses that are positioned to take advantage of
opportunities within the TMT sector. Since flotation, the Board and its advisers
have considered a significant number of opportunities within the sector. As yet,
none have met the strict criteria that have been set and therefore no
acquisition has yet been completed. As such, the Directors will continue to
research and investigate opportunities with a view to securing a suitable
acquisition.

Your Board is aware of recent legislative changes regarding AIM traded investing
companies, which states any such company listed prior to 1 April 2005, which
raised less than £3 million, must have completed a transaction constituting a
reverse takeover by 1st April 2006, otherwise its shares will be suspended. The
company then has a further six months under suspension after which if a deal has
still yet to be concluded, the shares cease to be traded on AIM and a
distribution will be made to shareholders. Your Board is confident that a
suitable deal or deals will have been identified before this time and I look
forward to reporting to you shortly on the progress that is being made.


Chris Akers
Non-executive Chairman


Unaudited Profit and Loss Account
For the period ended 31 December 2004

                                                                                              2004
                                                                                                 £

Turnover                                                                                         -

Cost of sales                                                                                    -

Gross profit                                                                                     -

Administrative expenses                                                                  (145,845)

Operating loss                                                                           (145,845)

Interest receivable                                                                         19,530

Loss on ordinary activities before taxation                                              (126,315)

Tax on profit on ordinary activities                                                             -

Loss for the period                                                                      (126,315)


All transactions arise from continuing operations.



Unaudited Balance Sheet
As at 31 December 2004


                                                                                              2004
                                                                                                 £
Fixed assets
                                                                                                 -
Current assets
Debtors                                                                                     19,538
Cash at bank and in hand                                                                 1,068,628
                                                                                         1,088,166

Creditors: amounts falling due within one year                                           (116,945)

Net current assets                                                                         971,221

Total assets less current liabilities                                                      971,221

Capital and reserves
Called up share capital                                                                    118,750
Share premium account                                                                      978,786
Profit and loss account                                                                  (126,315)

Equity shareholders' funds                                                                 971,221




Unaudited Cashflow Statement
For the period ended 31 December 2004

                                                                                             2004
                                                                                                £

Net cash outflow from operating activities                                                (25,969)

Returns on investments and servicing of finance
Bank interest receivable                                                                         -

Financing
Issue of new shares                                                                      1,199,992
Costs of share issue                                                                     (105,395)
                                                                                         
Net cash inflow from financing                                                           1,094,597

Increase in cash                                                                         1,068,628




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