Result of Equity Issue

Intec Telecom Systems PLC
27 August 2004



Intec Telecom Systems Plc



Result of Open Offer



On 4 August 2004, Intec Telecom Systems Plc (the "Company") announced a Placing
and Open Offer of up to 31,157,899 new ordinary shares of 1p each in the Company
("Open Offer Shares") at a price of 58p ("Issue Price") per New Ordinary Share.
Of the Open Offer Shares, 8,530,418 were placed firm and the balance, being
22,627,481, were placed subject to clawback by Qualifying Shareholders to
satisfy valid applications made under the Open Offer.



The Open Offer closed at 11.00 a.m. on 26 August 2004. Valid applications were
received from Qualifying Shareholders in respect of 4,649,990 Open Offer Shares
representing 14.9 per cent. of the total amount of Open Offer Shares.



As previously announced, admission of the Open Offer Shares to the Official List
and to trading on the London Stock Exchange's market for listed securities is
expected to take place and dealings are expected to commence on 2 September
2004. The Open Offer Shares to be issued under the Placing and Open Offer will
rank pari passu with existing ordinary shares in all respects.



In addition, the Company announces that completion of the acquisition of the
Singl.eView retail billing software division from ADC Telecommunications, Inc is
taking place today as expected.



Enquiries:



Intec Telecom Systems Plc:            01483 745 800

John Arbuthnott

Andrew Rodaway



Robert W. Baird Limited:  020 7488 1212

Shaun Dobson

Nick Tulloch



Financial Dynamics:  020 7831 3113

Edward Bridges






                      This information is provided by RNS
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