RNS Number:2983Q
TMT Group PLC
19 August 2005



                     TMT Group plc ("TMT" or the "Company")

The Company today announces it has made a commitment of Euro 375,000 to Mobile
Tornado International Limited ("Mobile Tornado") as part of a proposed Euro 2.8
million fundraising by Mobile Tornado through the issue of redeemable loan stock
("Loan Stock"). Mobile Tornado's  "push to talk" technology enables a mobile
phone to be used as a walkie-talkie. The technology has been licensed to a
number of mobile operators around the world and is the first in a series of "
push to" services helping drive growth in mobile data services.  The Loan Stock,
which is unsecured, carries interest of 20 per cent per annum and is convertible
into ordinary shares of Mobile Tornado, inter alia, immediately prior to the
acquisition of the issued and to be issued share capital of Mobile Tornado.

TMT is also pleased to announce that in conjunction with this commitment it has
entered into non binding heads of agreement setting out the proposed terms for
the acquisition of Mobile Tornado by it  (the "Proposed Acquisition"). TMT has
also been granted an exclusivity period of 90 days from 19 August 2005 during
which to conduct the acquisition process.

The Proposed Acquisition, which will constitute a reverse takeover under the AIM
Rules, is conditional, inter alia, on satisfactory due diligence being
undertaken on Mobile Tornado, the approval of TMT's shareholders in general
meeting, the negotiation and execution of formal legally binding documentation
setting out the terms of the transaction and admission of the enlarged entity to
trading on AIM. Consequently the Company's ordinary shares will be suspended
from trading on AIM pending confirmation that the Company will proceed with the
Proposed Acquisition and publication of an admission document in respect of the
proposed enlarged entity, detailing the terms of the Proposed Acquisition.

Contacts:

Chris Akers, Chairman, TMT: 0207 399 4250

John Swingewood, Executive Chairman, Mobile Tornado 0208 104 1994,

John Prior, Corporate Synergy Plc: 0207 448 4400



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

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