RNS Number:0237N
Baltimore Technologies PLC
01 July 2003



                           Baltimore Technologies plc

               Update on progress of the Controlled Sale Process

London, UK - July 1 2003 - Baltimore Technologies plc (London: BLM) today
announced the following update to the controlled sale process it commenced on
22nd May.

Baltimore confirms that it is in advanced discussions regarding several offers
for the whole of the company, as well as several offers regarding specific parts
of the company, and will update the market on the progress of those discussions
in due course.

                                    - ENDS -

About Baltimore Technologies

Baltimore Technologies' products, services and solutions solve the fundamental
security and trust needs of e-business. Baltimore's e-security technology gives
companies the necessary tools to verify the identity of who they are doing
business with and securely manage which resources and information users can
access on open networks. Many of the world's leading organisations use
Baltimore's e-security technology to conduct business more efficiently and cost
effectively over the Internet and wireless networks. Baltimore also offers
worldwide support for its authorisation management and public key-based
authentication systems.

Baltimore's products and services are sold directly and through its worldwide
partner network, Baltimore TrustedWorld. Baltimore Technologies is a public
company, principally trading on London (BLM). For more information on Baltimore
Technologies please visit http://www.baltimore.com


For further information:

Smithfield Financial

Andrew Hey  020 7903 0676

Nick Bastin  020 7903 0633


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Certain statements that are not historical facts including certain statements
made over the course of this document may be forward-looking in nature. Such
forward-looking statements involve known and unknown risks, uncertainties and
other factors that may cause the actual results, performance and achievements of
the Company to be materially different from any future results, performance or
achievements implied by such forward-looking statements.








                      This information is provided by RNS
            The company news service from the London Stock Exchange

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