Acquisition

MENTMORE ABBEY PLC
29 September 1999


                          MENTMORE ABBEY PLC
                    ACQUISITION OF DATAVAULT, SPAIN

Mentmore Abbey, the UK's leading space management services group, announces that
Britannia Data Management ('BDM'), its records and information management joint
venture business, has acquired the Spanish group Datavault SA ('Datavault') for
Peseta 950 million (approximately £3.6 million), including assumed debt
estimated at Peseta 59 million (approximately £0.2 million).

Datavault provides records and information management services to a number of
markets in Spain.  In particular, it has strong postions in the Bilbao and
Madrid regions.  In the year ended 31st December 1998 Datavault generated sales
of Peseta 283 million (approximately £1.1 million) and an EBITDA of Pesta 77
million (approximately £0.3 million).

Nick Smith, chairman of Mentmore Abbey, commenting on the acquisition said:

'The acquisition of Datavault is another important step in our plans to lead the
European records management industry.  The business has an established customer
base and geographic spread which will provide us with an excellent platform from
which to develop the Spanish market'.

For further information contact:

Mentmore Abbey Plc:

Nick Smith, Chairman                              0208 946 3159
Clive Drysdale, Group Finance Director            0121 778 2233