Exercise of warrants

25/09/2003

Knowledge Technology Solutions PLC announces that on 12 September 2003 Loeb Aron & Company Ltd exercised subscription rights in respect of 100,000 Warrants at the exercise price of 5.625p per Ordinary Share.

Application has been made for 100,000 Ordinary Shares to be admitted to trading on the Alternative Investment Market of the London Stock Exchange. These Shares will rank pari passu in all respects with the existing Ordinary Shares in issue and dealings in such shares are expected to commence on 30 September 2003.