Statement by investee company

Cater Barnard PLC 10 March 2003 FOR IMMEDIATE RELEASE 10 March 2003 CATER BARNARD PLC ('Cater Barnard' or 'the Company') The following is the text of an announcement issued by Dialog Group, Inc in which Cater Barnard has a fully diluted 25% interest: 'Dialog Group, Inc. Merges with HealthCare Dialog and Acquires IP2M NEW YORK - March 10, 2003 - Dialog Group, Inc. (OTC Bulletin Board: DLGG), announced today that it has completed its merger with HealthCare Dialog and its acquisition of IP2M. Highlights: • 50/50 merger with HealthCare Dialog increases revenue by over $4 million and adds positively to the bottom line. • IP2M acquisition for 10% of the post merged company increases revenue by over $2 million and adds valuable synergies for significant growth. • Conversion of over $2 million in debt by the company's largest investor, Cater Barnard, strengthens the balance sheet and continues to demonstrate Cater Barnard's strong support. • Peter DeCrescenzo, new CEO of the Dialog Group, and Robin Smith, MD, head of IP2M, provide a history of successes and experiences that can build the business and shareholder value. Peter DeCrescenzo, CEO of Dialog Group commented: 'This merger and acquisition further solidifies Dialog Group's commitment towards building a premier marketing and sales organization, bringing together a stronger and broader client roster, expanded core capabilities in sales and marketing, comprehensive product offerings, cross-platform synergies and improved operational efficiencies.' Robin Smith, MD, added: 'The convergence of companies and management creates an exiting opportunity for our clients in that the expanded breath of services provides additional channels for our clients to reach their consumers.' About Healthcare Dialog: Healthcare Dialog, Inc. is a New York based leading provider of relationship marketing communications services to the healthcare industry. Current and past clients include: Novartis AG; Schering-Plough Corp.; GlaxoSmithKline; Boehringer-Ingelheim; Forest Laboratories; and Acurian. Healthcare Dialog provides healthcare clients with a targeted marketing and campaign management solutions aimed at finding, attracting and retaining customers. About IP2M: IP2M is a Houston based provider of enabling technologies to websites, merchants and wireless devices that enables the channeling of advertising, sponsorships, website multimedia content, directory services and e-commerce through IP2M's technology platform and affiliate networks. IP2M's primary affiliates are media conglomerates that have networks of websites throughout the U.S. that promote distribution of information on both a localized and demographic basis. IP2M has relationships with Clear Channel Communications, Nassau Broadcasting, ABC Radio, Hispanic Broadcasting, and through Internet Broadcast Systems Hearst-Argyle Television, McGraw-Hill Television, Granite and Post-Newsweek Television. IP2M's technology, services and networks afford business solutions to companies by providing a truly integrated platform to market. About Dialog Group: Dialog Group is a provider of relationship marketing communications services, business and consumer targeting databases for the healthcare, financial, and other direct-to-consumer business markets. ----------------------------------- This press release contains 'forward-looking statements' within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These statements are not historical facts but instead represent only the firm's belief regarding future events, many of which, by their nature, are inherently uncertain and outside of the firm's control. It is possible that the firm's actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. The Company does not undertake, and specifically disclaims, any obligation to publicly release the results of any revisions, which may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such forward-looking statements. For a discussion of some of the risks and important factors that could affect the firm's future results, see the Company's reports that are filed and available through the Securities and Exchange Commission's Electronic Data Gathering Analysis and Retrieval system (EDGAR) at http:// www.sec.gov. ---------------------------- For more information please contact: Dialog Group, Inc. Adrian Stecyk, (212) 509-9500' This information is provided by RNS The company news service from the London Stock Exchange

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