EQI EQ Grp

RNS Number:2358Q
e-quisitor PLC
1 September 2000

                      e-quisitor plc

                  UPDATE TO SHAREHOLDERS

An update from e-quisitor plc has been mailed to shareholders 
containing the following information not already in the public 
domain.

Acquisition Strategy and Targets
As  you  might  have hoped, our approach  to  identifying
acquisition opportunities in the internet arena has  been
somewhat  different.  Rather than focusing  on  high-risk
start-up   businesses   we  have   targeted   established
businesses  with  proven management, profits  and  growth
that  are in the process of evolving their business model
to  encompass the opportunities provided by the internet.
The   following  table  provides  some  examples  of  the
attributes of businesses that we are targeting:-

                                                 Last Reported
Company Description                         Revenue             Revenue
                                                                Growth
Established, high margin business           Circa               25%+
providing outsourced management &           $8m
analysis of customer data for blue-chip
clients in US. Future growth is likely
to be driven by the ever-increasing
volumes of data being captured by large
organisations via call centres and web-
sites coupled with unrelenting pressure
to become more customer-centric.

Established high margin business            Circa               200%+
providing outsourced management and         #1.4m
analysis of gaming machine data. Future
growth is likely to be fuelled by an
underlying desire for better business
intelligence within this sector along
with both geographical expansion and
new contract wins.

Profitable, early-phase cross-media        Circa                50%+
production company based in the US         $6m
creating high quality programming for a
number of US cable channels and
streaming on the internet. Growth
opportunities are likely to be derived
from the continued convergence of TV
and the internet along with the
increased availability of broadband
communications.

NOTE: Since inception e-quisitor has clearly stated  that
it proposes to undertake acquisitions of internet-related
businesses. With this in mind this communication aims  to
provide our shareholders with a clearer idea of the types
of  businesses that we are proposing to acquire,  however
it  DOES  NOT  imply that any of the businesses  outlined
above  will  be acquired by e-quisitor.  Please  also  be
aware  that  all  acquisitions undertaken  by  e-quisitor
would  be  subject  to rigorous due diligence  and  other
conditions. All figures provided above do not  constitute
any indication of future performance.


For further information:

Bob Bond                        Tel: 01422 301 917
Chief Executive

Judith Parry                    Tel: 0113 242 1171
Millham Communications

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