Canx of Share Premium Account

Iomart Group PLC 20 January 2005 IOMART GROUP PLC COURT CONFIRMS CANCELLATION OF SHARE PREMIUM ACCOUNT 20 January 2005 iomart Group plc (the 'Company') announces that the Court of Session on 19 January 2005 confirmed the cancellation of the credit balance of £22,015,149.94 on the Company's share premium account as at 24 June 2004, which was resolved by a special resolution of the Company dated 24 June 2004. The Court order confirming the cancellation will be registered with the Registrar of Companies today. This information is provided by RNS The company news service from the London Stock Exchange