Issue of Equity

CSS Stellar PLC 31 October 2001 CSS Stellar plc (the 'Company') Acquisition of The Sponsorship Consultancy Limited ('TSC') Application has been made to The London Stock Exchange for 8,053 new ordinary shares of 50p each ('New Ordinary Shares') to be admitted to trading on the Alternative Investment Market ('AIM'). On 20 September 2001, the Company announced it had agreed the terms for the acquisition of the entire share capital of TSC for a total consideration of up to £750,000. Under the terms of the acquisition agreement, the initial consideration of £60,000 is to be satisfied as follows: * £40,000 in cash; and * £20,000 by the issue and allotment, subject to admission to trading on AIM of 8,053 New Ordinary Shares. In addition, and pursuant to terms of the acquisition agreement, Greville Waterman, the Managing Director of TSC, has been granted an option to subscribe for 30,303 ordinary shares of the Company under the terms of the CSS Stellar Executive Share Option Scheme. A further consideration may become payable over the two financial years ending 31 December 2003, based on TSC's aggregate profit before tax. Any further consideration will be paid as to half in ordinary shares and half in loan notes. TSC was founded by Greville Waterman in 1993 and has a proven track record advising on sponsorship sales and strategy in the sporting arena. Current clients, many of which have long-standing arrangements with TSC, include Avon Insurance, Ericsson, Muller UK, Fulham Football Club and Wasps Rugby Football Club. Admission of the 8,053 New Ordinary Shares is expected and dealings are expected to commence on Tuesday, 6 November 2001. Enquiries: Sean Kelly, CSS Stellar Tel: 020 7907 4520 sean.kelly@css-stellar.com 29 October 2001
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