Disposal

RNS Number:5677I
Affinity Internet Hldgs PLC
11 March 2003

11 March 2003

Affinity Internet Holdings plc



                       Affinity Sells Internet Business


Affinity Internet Holdings plc, ('Affinity' or the 'Company'), the
communications service provider today announced it has completed the sale of its
Internet services business comprising of Affinity Internet Limited and Sonnet
Internet Limited to Cleverview Investments Limited on 10th March 2003. The
consideration for purchase is #250,000 and the assumption by the buyer of the
debts of the Internet business.


Affinity's Internet services business generated a turnover of #10.6 million and
operating losses of #6.5 million in the 9 months ended 30th September 2002. The
business represented 18.5% per cent. of Affinity's total revenue at that date.


Under the terms of the purchase and sale agreement, Affinity has been granted a
perpetual license to use the breathe brand to continue to market its telecoms
services under the breathe name.


June May, CEO of Affinity said, "Affinity's strategy has not changed. The
agreement will enable Affinity to continue to sell white-label, integrated
communications services using the breathe services. Affinity will now be able to
focus on delivering our profitable mobile and fixed line telephony business. The
agreement will improve Affinity's operating performance in 2003."


                                     -Ends-


For further information, please contact:
                                                                                            

Nikki Perkins                                        0845 685 5506
Affinity Internet Holdings plc

Bobby Morse                                          0207 466 5000 
Buchanan Communications                                                                      



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