Result of Open Offer

Tribal Group PLC
13 December 2001

Tribal Group plc ('Tribal Group' or the 'Company')



Result of placing and open offer (the 'Placing and Open Offer')

On 21 November 2001 Tribal Group announced a placing and open offer of
7,729,553 new ordinary shares of 5p each (the 'New Ordinary Shares') at an
issue price of 280p (the 'Issue Price').  The Open Offer was made to
qualifying shareholders on the basis of 2 New Ordinary Shares for every 9
existing ordinary shares held on the record date (the 'Open Offer').

Certain of the Directors and other Tribal Group shareholders have given
irrevocable undertakings not to take up their entitlements to an aggregate of
4,828,204 New Ordinary Shares and these New Ordinary Shares were placed firm
with institutional and other investors at the Issue Price by Granville Baird.

The Open Offer closed at 3.00 p.m. on Wednesday, 12 December 2001 and valid
applications have been received at that time for 2,439,311 New Ordinary
Shares, representing approximately 84.08 per cent. of the 2,901,349 New
Ordinary Shares capable of being taken up by qualifying shareholders under the
Open Offer. The 462,038 New Ordinary Shares not taken up have been placed with
institutional and other investors at the Issue Price by Granville Baird.

The Open Offer remains conditional upon shareholder approval, which is to be
sought at the Extraordinary General Meeting of the Company, convened for 9.00
am on Friday, 14 December 2001, and admission of the New Ordinary Shares to
trading on the Alternative Investment Market of the London Stock Exchange,
which is expected to take place on Tuesday, 18 December 2001.

For further enquiries:

Tribal Group plc                        Tel:  [phone]

Henry Pitman (Chief Executive)
Simon Lawton (Finance Director)

Granville Baird Limited                 Tel:  [phone]

Nicholas Naylor
Xavier de Mol

END