RNS Number:5858A
CybIT Holdings PLC
16 March 2001

CYBIT HOLDINGS PLC ("the Company")

Result of the Placing and Offer for Subscription

The Directors are pleased to announce that under the Placing and Offer for
Subscription 73,924,350 shares have been taken up raising #2,560,302.29 for
the Company. This represents 85.34% of the shares subject to the Placing and
Offer for Subscription.




Enquiries:


Jeremy Porter, Seymour Pierce Ltd     020 7648 8700
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