Software Licencsing Agreement

Netcentric Systems PLC 23 October 2001 NETCENTRIC SYSTEMS PLC ('the Company') Software Licensing Agreement 23 OCTOBER 2001 Netcentric Systems PLC announces a Software Licensing Agreement entered into by the previous board in which the former head of sales, Phillip Campbell, will take over the full responsibility for Marketing, Sales and Support of Netcentric's Lychee flagship product in Europe through a new company, Netcentric (Europe) Ltd. In return, Netcentric Systems PLC will receive a royalty on every sale made by the new company. Contact: Allan Piper Blackstones Communications 020 7251 2544 Stephen Komlosy Netcentric Systems Plc 020 7881 0800 END