RNS Number:2523H
Royalblue Group PLC
10 February 2003

royalblue Group plc ("royalblue")
10th February 2003



                       Touchpaper Limited ("Touchpaper")

royalblue announces that Touchpaper, formerly the royalblue technologies
business which was divested in July 2001 and in which royalblue retains an
interest, has amended its articles of association.

The articles of association previously stated that if Touchpaper was sold or
listed, royalblue would have a prior call on proceeds to fully redeem its
holding of the 17 million preference shares of #1 each in Touchpaper. The
articles of association have been amended to reflect reduced valuations in the
sector, such that in the event of a sale or listing of Touchpaper, the
preference shares will be redeemed at a price per share as would result in the
aggregate amount payable on the redemption of the preference shares equalling
one third of the total price offered for, or attributable to, the existing
ordinary shares on any sale or listing. The maximum aggregate redemption price
of the preference shares remains at #17m plus accrued dividends. This change
will have no effect on the way royallblue accounts for its investment in
Touchpaper.

In addition to its holding of the preference shares, royalblue has an interest
of 19% in the ordinary share capital of Touchpaper together with a warrant to
acquire up to a further 51% of the ordinary share capital at a nominal cost.

The Board of royalblue believes this amendment is in the best interests of all
royalblue and Touchpaper shareholders and accordingly has supported the
amendment.

                                      END


Enquiries:

royalblue Group plc                                  Tel: 01483 206 300
Chris Aspinwall, Chief Executive
Andy Malpass, Finance Director
John Hamer, Chairman


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