RNS Number:9841B
TMT Group PLC
26 April 2006

                                 TMT Group Plc

                                Issue of Equity


TMT Group Plc ("TMT" or the "Company"), the AIM listed provider of next
generation instant messaging solutions, which serve the market of mobile data
services in the mobile communication industry, today announces the placing of
14,551,333 ordinary shares (the "Placing Shares") at 16 pence per ordinary share
("the Placing Price"), to raise approximately #2.33 million. The funds will
allow the Company to accelerate global marketing and develop extensions of its
fixed-mobile convergence products. 12,251,333 of the Placing Shares were placed
with Jorge Pinievsky, a director of the Company, with the remainder being placed
with an existing institutional investor.


The Placing Price represents a discount of 5.88 per cent. to the closing mid
market price of 17p on AIM as at 25 April 2006, the date prior to the
publication of this announcement. The Placing Shares will, when issued and fully
paid, rank pari passu in all respects with the existing issued ordinary shares
of the Company.



Application has been made for the Placing Shares to be admitted to trading on
AIM and trading in the Placing Shares is expected to commence on 2 May 2006.
Following the placing, Jorge Pinievsky's holding in the Company is 21,419,957
ordinary shares, representing 20.51 per cent of the enlarged issued share
capital.



Under the AIM Rules, the issue of the Placing Shares to Jorge Pinievsky is
deemed to be a related party transaction. The directors of the Company (other
than Jorge Pinievsky), having consulted with Corporate Synergy Plc, are of the
opinion that the terms of the Placing are fair and reasonable insofar as the
shareholders of the Company are concerned.





Contacts:

John Swingewood, Executive Chairman, TMT Group plc: 020 8104 1992
John Prior / Romil Patel, Corporate Synergy Plc: 020 7448 4400


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

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