Disposal

Newmark Technology Group PLC
19 April 2001

NEWMARK TECHNOLOGY GROUP PLC


DISPOSAL


The Board is pleased to announce that 72 million global depository receipts
('GDRs'), representing 49 per cent. of its previously wholly owned subsidiary,
Vema N V ('Vema') are expected to be admitted to trading on the Alternative
Investment Market of the London Stock Exchange plc on 17 May 2001. The GDRs
are being issued by the placing of 30 million with institutional and other
investors, and by the offer of 42 million to qualifying shareholders of
Newmark Technology Group PLC ('Newmark'). Both the placing and the offer for
subscription have been fully underwritten by Vema's brokers, Seymour Pierce
Ellis. The placing and offer for subscription will be the first to use GDRs
for a quotation on AIM.


Vema is a Dutch company with a wholly owned Belgian subsidiary, Vema Belgie
B.V.B.A. Vema supplies an extensive range of sophisticated electronic and
electromechanical locking systems, supported by a high degree of sales and
service support. Vema sells these products to a wide range of customers for
use in low to high security installations, including banks, prisons,
hospitals, museums and government offices.


Vema's profit after tax was £375,000 (audited) for the year ended 30 April
2000 and £140,000 (unaudited) for the six months ended 31 October 2000. Vema
had net assets of £968,000 (audited) as at 30 April 2000 and £1.1 million
(unaudited) as at 31 October 2000.


The Vema business was acquired by Newmark in November 1997 at a cost of £4.2
million. The flotation places a value on Vema of £5.8 million. Newmark will
receive £2.88 million proceeds from the flotation which will be used to
develop the other businesses in the Newmark Group. In addition, the Board will
consider buying back some of the Company's shares and it is intended that
appropriate authorities will be sought at the next annual general meeting.
Newmark will retain a 51 per cent. interest in Vema and will continue to
consolidate its results in the future.


For further information please contact: Brian Beecraft, Finance Director:
01737 788 800.


END