RNS Number:7572I
Interregnum PLC
14 March 2003

                                Interregnum Plc
                                  ("Company")

                                Grant of Options

The Company announces that it has today granted options to subscribe for
ordinary shares to certain of the Directors as follows:

Director                                  No. of options

Ian Taylor                                5,000,000
Roger Jeynes                              361,416
Martin Cooper                             250,000

The options vest in equal tranches over the next 5 years and the exercise price
is 5p per share.

In addition, the Company announces that a total of 6,657,400 options have
lapsed.


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