RNS Number:2767U
NBA Quantum PLC
15 January 2004

NBA Quantum PLC ("NBA" or the "Company")
15 January 2004

Acquisition of additional shareholding in Joint Venture Company and issue of
shares

NBA Quantum PLC ("NBA") announces that on 14 January 2004 it acquired an
additional 15% shareholding in Bionic Production Limited ("BPL") and that it now
owns 65% of BPL.

BPL is a specialist in the development and production of industrial multimedia
and was formed to use high quality visuals to support and supplement the various
dispute cases handled by NBA.

The company started operations in May 2002 and the audited accounts for the
period to 30 June 2003 show a pre tax profit of #17,909 on turnover of #458,312
with net assets as at that date of #17,911.

The consideration for the acquisition is an initial amount of #3,750 with a
further amount payable, not to exceed #80,000 calculated on a multiple of 4 x
the pre tax earnings of BPL for the year ended 30 June 2004.

The initial consideration has been settled by the issue and allotment of 7,426
NBA ordinary shares of 10p each at a price of 50.5p per share being the middle
market quotation as at close of business on 6 January 2004. The additional
consideration will be settled in ordinary shares valued at the middle market
price at a date in October 2004 immediately after the announcement of the
preliminary results of NBA for the year ended 30 June 2004. NBA has reserved the
right to settle the additional consideration in cash.

Commenting on the acquisition, Peter Elliott-Hughes, the Managing Director,
said:

"The team at Bionics has integrated really well and performed superbly, clearly
demonstrating over the last 18 months that the use of Computer generated imagery
in the construction and engineering industry is a powerful medium through which
to represent otherwise complex situations and in a manner which is both
compelling yet simple to understand.

Whilst BPL has worked predominately in the UK, the number of overseas
opportunities is increasing and we are now seeking to expand the services range
that BPL offers into the US, S.E. Asia and Australia."

As a result of the issue of ordinary shares, the Company now has 6,035,796
ordinary shares in issue. Application will be made for the new ordinary shares
to trading on AIM as soon as practicable.

For further information

P D Elliott-Hughes, NBA Quantum PLC
Mark Brady, Brewin Dolphin Securities




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