Further re Placing and Open Offer & Ideal Hardware

InterX PLC 2 March 2000 INTERX PLC ('InterX' or the 'Company') Further details of Proposed Placing and Open Offer Update on Ideal Hardware plc Further Details of Proposed Placing and Open Offer On 9 February 2000 the board of InterX announced its proposed acquisition of Cromwell Media Limited ('Cromwell') (the 'Acquisition') and an associated placing and open offer to raise up to £30 million for the Company. Since that date the Board has identified certain additional strategic opportunities to extend the ITNetwork business model into other vertical markets. Accordingly, it intends to increase the amount of its proposed placing and open offer by £20 million to a total of £50 million in order to allow it to pursue these. In order to maintain an orderly market in the Company's shares the Board of InterX also announces that, at the time of the open offer, certain directors and former directors of InterX and shareholders of Cromwell (the 'Selling Shareholders') will sell, in aggregate, up to 2,462,062 ordinary 5p shares in InterX. The sale of these shares is conditional, inter alia, upon the approval by InterX shareholders of the Acquisition and the proposed placing and open offer. The shares will be placed by Charterhouse Securities Limited with institutional investors. The Selling Shareholders will enter into orderly market undertakings in respect of their remaining holdings. Following the placing, the Selling Shareholders will continue to hold not less than 16,167,687 shares in InterX, representing approximately 47 per cent. of the InterX group based upon yesterday's closing price of 3100p, as enlarged by the acquisition of Cromwell and the associated placing and open offer. Details of the proposed placing and open offer, the placing of Selling Shareholders' shares and the orderly market undertakings will be contained in InterX's circular to shareholders, which is expected to be dispatched by mid-March 2000. Update on Ideal Hardware plc The Board also announces that it is progressing the separation of Ideal Hardware plc ('Ideal') from the Group. The Board is encouraged by the performance of Ideal, which is trading ahead of the Company's internal budgets for the year to date. Enquiries: InterX plc Tel: 020 8410 7200 James Wickes, Chief Executive Simon Barker, Operations Director Simon Miesegaes, Finance Director Charterhouse Securities Tel: 0207 248 4000 Colin La Fontaine Jackson, Director College Hill Associates Tel: 020 7457 2020 Nicola Weiner Mary Matthewson