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Monday 03 April, 2000 PLC

Strategic Alliance PLC
3 April 2000

                ('J2C' or 'the Company')
 Strategic Alliance between Powernet and Wood Group Gas
J2C  ( is totally focused on deriving
transactional revenues from B2B e-commerce worldwide  and
is  the  UK's  largest  quoted operator  of  business-to-
business  ('B2B')  vertical trading  communities.   These
vertical  communities are designed to  benefit  from  the
Internet's  ability  to  allow  businesses  in  the  same
industries to communicate and trade with each  other  on-
line.   Following its recent flotation on the Alternative
Investment  Market,  J2C  today  announces  a   strategic
alliance  between Powernet, its electric  power  industry
vertical   trading  community,  and  Wood   Group   Light
Industrial  Turbines  Limited  ('Wood  Group   LIT')   to
establish  a global independent online market  place  for
gas turbines and components.

The Board of J2C is pleased to announce the formation  of
a  strategic alliance with Wood Group LIT, to establish a
global  independent online marketplace for  gas  turbines
and  components.  The alliance brings together e-commerce
and  the  highly competitive arena of gas turbine repair.
The   new   on-line  gas  turbine  marketplace  will   be
integrated  into Powernet, J2C's electric power  industry
vertical  trading  community  and  will  provide  instant
access  to  a  digital catalogue of suppliers,  products,
services and inventory with options for online trading.

The  respective management teams of J2C and of Wood Group
LIT believe that Powernet's specialist e-commerce and gas
turbine  knowledge  and  Wood  Group  LIT's  repair   and
refurbishment  expertise creates a very powerful  entity,
enabling  the  alliance to generate  significant  trading
commissions.   The partners also believe that  e-commerce
technology is a natural step to providing greater  choice
and   faster  accesses  to  gas  turbine  and   component
information that customers are seeking, wherever they are
in the world.

Wood  Group LIT is headquartered in Aberdeen and is  part
of  the Gas Turbines division of John Wood Group PLC,  an
international   energy  services   company   with   5,500
employees in 25 countries worldwide.

Karl Watkin, Chief Executive of J2C, commented:

'We are delighted to be working with the Wood Group.  Not
only  does  this  alliance add to our already  impressive
portfolio  of  industrial trading  communities,  it  also
demonstrates  the  growth of J2C as  a  global  business.
Alliances  such  as these are essential for  building  up
sufficient  critical mass to derive the transaction-based
revenues  we are seeking.  Our presence is continuing  to
spread  around  the world, reinforcing our commitment  to
become a leading player in the B2B transaction market.'

Terry  Alderton,  Managing Director of Wood  Group  Light
Industrial Turbines Limited, added:

'Wood Group LIT is a world-leading independent specialist
in  the  repair, overhaul and refurbishment of industrial
gas  turbines.   An online service is the  next  step  in
adding  value  for our customers.  We  know  there  is  a
demand for an online component service, and our customers
will  soon benefit from reduced administration costs  and
more  rapid service, with instant access to an  internet-
based components database; they will be pleased with  the
results from this new way of doing business.'

ENQUIRIES: plc           Tel: + 44 7808 690069
Karl Watkin, Chief Executive  E-mail:[email protected]

Wood Group                    Tel: +44 1224 851230
Shirley Muir,                 E-mail: [email protected]
Head of Corporate Communications

College Hill                  Tel: + 44 207 457 2020
Nicola Weiner                 E-mail: [email protected]
Archie Berens                 E-mail: [email protected]


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