EGM Statement

Intec Telecom Systems PLC
18 December 2000

FOR IMMEDIATE RELEASE

18 December 2000



             Intec Telecom Systems PLC ('Intec' or 'the Company')


                         Result of Open Offer and EGM




On 21 November 2000, Intec announced a placing of 30,000,000 new Ordinary
Shares of 1p each ('new Ordinary Shares') ('the Placing') at an issue price of
600p each ('the Issue Price'), incorporating an open offer ('the Open Offer')
of 14,850,000 new Ordinary Shares ('the Open Offer Shares') on the basis of 1
new Ordinary Share for every 10 existing Ordinary Shares held at the close of
business on 16 November 2000.



The Company announces that the Open Offer closed at 3.00pm on 15 December 2000
and that valid applications had been received at that time for 614 Open Offer
Shares. The Company obtained irrevocable undertakings not to take up their
entitlements under the Open Offer from Mican Limited, in respect of, in
aggregate, 9,555,252 Open Offer Shares.


The remaining Open Offer Shares not taken up by qualifying shareholders under
the Open Offer, together with the 9,555,252 Open Offer Shares in respect of
which irrevocable undertakings were obtained, have been conditionally placed
by Investec Henderson Crosthwaite at the Issue Price.  22,789,789 new Ordinary
Shares were placed with institutional investors who were existing shareholders
on 21 November 2000 and who took up new Ordinary Shares pursuant to the
Placing rather than the Open Offer.  Accordingly, approximately 76 per cent.
of the new Ordinary Shares were taken up by existing Shareholders as at 21
November 2000.



At the extraordinary general meeting of the Company held earlier today, the
resolutions put to shareholders were duly passed. The Open Offer remains
conditional upon admission of the new Ordinary Shares to the Official List,
which is expected to take place on 20 December 2000.




Enquiries:

Intec Telecom Systems PLC           [phone]/[phone]
Andrew Rodaway
Investor Relations
[e-mail]


Investec Henderson Crosthwaite          [phone]
Jagjit Mundi
Co-head of Corporate Finance



Cubitt Consulting                          [phone]
Serra Konuralp
[e-mail]


END