Directorate Change

IBNet PLC
21 July 2003


                                   IBNet plc

                                 Re directorate


It is with great regret that the Company announces the death of its Chairman,
David Heynes, at the weekend. The board's thoughts and sympathies are with
David's family and friends at this time. David Lees, non-executive director,
will stand in as Chairman until further notice.


                                                                    21 July 2003




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