Disposal

Telme Group PLC
19 November 2001



For immediate release

19 November 2001


                               The TelMe Group


          Proposed Disposal of Travel Interests to Reggeborgh Group


TelMe Group plc ('TelMe') announces today that it has entered into heads of
agreement to dispose of its travel interests to the Dutch group Reggeborgh for
£4 million in cash, payable on completion.  A further £1 million in cash may
be payable dependent on certain performance criteria of the travel interests
being met in the year to 31 December 2002.  The offer is subject, inter alia,
to due diligence by Reggeborgh and the consent of shareholders of TelMe at an
Extraordinary General Meeting.  Completion is expected to take place towards
the end of next month.



The travel interests of TelMe consist of Seaforths, a business travel agent,
TelMe Global Traveller, an internet travel booking service, Farebase, a
provider of technology and services to the travel industry and Ticket Window,
the online travel booking system.



The directors of TelMe consider the proposed sale to be in the best interests
of shareholders.  The constraints of duality, whereby at present two
substantially different businesses are carried out in the same Group, will be
removed.  Additional cash resources will be available to develop the Customer
Relationship Management ('CRM') business further and exposure to the present
uncertainty facing the travel industry will be removed.



The ongoing business would then comprise the CRM division, which is currently
the core of the existing business comprising around 60% of the Group's
turnover.  The services and technology provided by the business enable clients
to maximise the value of their customer information and recently important
database management and software licenses have been signed with Park Group and
Amerada Hess.



 A condition of the transaction is that the Chief Executive of TelMe, Graham
Ramsey, will transfer with the travel interests.  It is expected that a new
Chief Executive will be appointed at the time of completion or shortly
thereafter.  Graham Ramsey would then become a non-executive director of
TelMe.



A circular giving further information and calling the necessary Extraordinary
General Meeting will be posted to shareholders in the next two to three weeks.



For further information, contact:


TelMe Group plc

Graham Ramsey, Chief Executive                                    020 7240 2640
Richard Law, Finance Director                                     01244 657 333


Golin/Harris Ludgate

Richard Hews                                                      020 7324 8888
Trish Featherstone