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Veos PLC (VEO)


Friday 31 May, 2002

Veos PLC

Statement re. Suspension

Veos PLC
31 May 2002

                       Veos plc ('Veos' or the 'Company')

                          Suspension of trading on AIM

Further to the announcement dated 2 April 2002, in which it was stated that the
Company had available cash of £100,000 and monthly cash expenditure of some
£50,000, the Board announces that it has to date been unable to secure
additional equity funding.

Accordingly the Board has today requested the suspension of trading in the
Company's shares on the Alternative Investment Market of the London Stock
Exchange until such time as the uncertainty over the financial position is

Enquiries, please contact:

Paul Lever    Chairman,      Veos plc          020 7960 6066

Peggy Czyzak-Dannenbaum   CEO,    Veos plc     020 7960 6066

                      This information is provided by RNS
            The company news service from the London Stock Exchange

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