RNS Number:3632T
Computerland UK PLC
17 December 2003

17 December 2003



COMPUTERLAND UK PLC ("ComputerLand" or the "Company")


Placing


ComputerLand, a provider of essential IT services to medium and large businesses
is pleased to announce that following the exercise of options over ordinary
shares, Charles Stanley & Company Limited has placed 180,000 ordinary shares
with institutional investors at 174 pence per share.  In addition a further
50,000 ordinary shares were placed on behalf of The ComputerLand Employees'
Share Trust at 174 pence per share.


The following directors exercised options over ordinary shares of 2 pence each
on 16 December 2003 at an exercise price of 80 pence:


Director                 Number of ordinary shares over 
                           which options were exercised
Michael Kent                                     70,000
Simon Lawless                                    70,000
Martyn Donnelly                                  40,000
Total                                           180,000



No new ordinary shares were issued as a consequence of the exercise of the share
options as all the shares were satisfied from existing ordinary shares held by
The ComputerLand Employees' Share Trust.  Accordingly, the directors' interests
in the issued share capital of the Company remain unchanged as a result of these
transactions.



Enquiries:

Computerland UK PLC
Mike Kent                                0115 931 8000




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