Commercial Developments

Canisp PLC
05 March 2004

Canisp plc

Press announcement

5 March 2004



Recent developments at The Airtime Group Limited ('TAG')





The Board of Canisp plc wishes to announce recent developments at its
subsidiary, TAG.  Canisp acquired TAG, which trades as World Telecom, on 18
December 2003 as the first acquisition in its strategy of building a group
specialising in telecommunication services.



TAG has successfully completed the establishment of Service Provider status with
BT Wholesale.  This enables TAG to offer savings to customers on both line
rental and call charges and severs the link between the customer and BT.  TAG
thereby becomes a one-stop-shop for all the customer's fixed line telephony.  In
conjunction with its existing family of calling card products, Wholesale Access
allows TAG to offer imaginative solutions and develop long term relationships
with its customer base.



TAG is already in discussions with a number of new Wholesale Access customers
including a primary care trust, and has started the process of offering
Wholesale Access products to its existing blue chip Global Calling Card ('GCC')
customer base including a mailing campaign to over 44,000 Diners Club
cardholders through its existing affinity partnership.



Since acquisition, TAG has also expanded its GCC customer base through the issue
of over 5,500 cards to existing and new customers, the latter including Kodak
and Citigroup.



ends


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