RNS Number:9047J
Public Network PLC
10 April 2003

Public Network plc

10 April 2003


Public Network plc, announces that on 26 September 2002 it acquired the entire
issued share capital of  Scenedraft Limited from High Street Acquisitions
Limited.  Scendraft Limited was a shell company that had not traded as at 26
September 2002 and no accounts had been prepared as at that date.  Scenedraft
Limited's assets on completion were 550 Internet Kiosks.

The acquisition has increased Public Network plc's stock of internet kiosks
allowing the Group to respond quickly to opportunities.

It was the intention to satisfy the consideration for the acquisition by cash
consideration of #100,000 (the "Cash Consideration") and by the issue to High
Street Acquisitions Limited of 1,500,000 ordinary shares of 10p each in Public
Network plc credited as fully paid at par (the "Consideration Shares"). In
respect of the Cash Consideration, as detailed in a circular and EGM notice
posted today to shareholders and optionholders, High Street Acquisitions
Limited, subject to the Resolutions being duly passed, will apply for New
Ordinary Shares to be paid up by discharge of their existing indebtedness of
#90,000 outstanding from the Cash Consideration.  High Street Acquisitions
Limited has given irrevocable commitments to vote in favour of the Resolutions
as detailed in the EGM Notice.

Application has today been made for admission of the Consideration Shares to
trading on the Alternative Investment Market of the London Stock Exchange plc
and dealings are expected to commence on Wednesday 16 April 2003. The
Consideration Shares will rank pari passu with the existing ordinary shares of
Public Network plc.

As part of the terms of the acquisition and as announced today in a separate
announcement,

Mr Paul Ryan, Company Secretary of High Street Acquisitions Limited has joined
the board of Public Network plc as a Non-Executive Director.

For further information, please contact:


Public Network Plc.
David Martin
020 8547 0220








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