Re Agreement

Toad PLC
9 January 2002

Embargoed until 07:00 on 9 January, 2002


                    TOAD ANNOUNCES TELEMATICS AGREEMENT
                              WITH BT GROUP PLC

Toad plc, one of the UK's leading vehicle aftermarket companies, is today
delighted to announce that it has signed an agreement with BT Retail, part of
BT Group plc, in the supply of Toad's telematic solution, ACTRA Fleet.

BT Retail will recommend the ACTRA Fleet management system as its preferred
solution to its Small and Medium Enterprises (SME) business customers UK wide.
The agreement will be for a minimum period of 12 months.

The web-enabled ACTRA Fleet telematics system provides fleet managers with
real-time and historic location and performance data on their vehicles
enabling them to save huge amounts of money by maximising the utilisation of
their vehicles and drivers.

Stephen Wheatley, CEO of Toad plc, said:

'This agreement directly targets key areas of the SME fleet marketplace for us
and is a major step forward for our new telematics division. We are delighted
to be working with BT Retail in targeting these potential customers.'

Toad's ACTRA Fleet management system can be viewed at www.myactra.com.

                                     ENDS

For further enquiries

Please contact:
Stephen Wheatley, Chief Executive or Wilson Jennings, Finance Director,Toad plc,
Tel  [phone].

Tony Edwards. Anthony Edwards Publicity. Tel [phone]. M. 0771-002-5957