Exercise of warrants

Knowledge Technology Solutions PLC 7 March 2002 FOR IMMEDIATE RELEASE Knowledge Technology Solutions PLC ('KTS') 7 March 2002 Exercise of Warrants Knowledge Technology Solutions PLC ('KTS') announce that, pursuant to an exercise date of 5 March 2002, subscription rights in respect of 100,000 Warrants have been exercised by Loeb Aron & Co. Limited representing 100,000 subscriptions for Ordinary Shares of 0.1 pence each at the Warrant exercise price of 5.625p per Ordinary Share. This has raised £5,625 of additional working capital for the Company. Application has been made for 100,000 Ordinary Shares to be admitted to trading on the Alternative Investment Market of the London Stock Exchange. These Shares will rank pari passu in all respects with the existing Ordinary Shares in issue and dealings in such shares are expected to commence on 14 March 2002. ENDS 7 March 2002 Further Enquiries: Dr Marc Pinter-Krainer CEO, Knowledge Technology Solutions 020 8795 2700 Roland Cornish Beaumont Cornish, Nominated Advisors 020 7628 3396 This information is provided by RNS The company news service from the London Stock Exchange