AIM Prospective Admission

RNS Number:1018Q
AIM
24 September 2003


        ANNOUNCEMENT TO BE MADE BY AIM APPLICANT AT LEAST 10 BUSINESS 
                         DAYS PRIOR TO ADMISSION


ALL APPLICANTS MUST COMPLETE THE FOLLOWING:

COMPANY NAME:
Deal Group Media plc (currently IBNet plc, name to change on acquisition of the 
Deal Group Limited)

COMPANY ADDRESS:
19 Cavendish Square, London (currently Hogarth Centre, Hogarth Lane Chiswick,
London, W4 2QN - address to change following admission)

COMPANY POSTCODE:
W1A 2AW

COUNTRY OF INCORPORATION:
England

COMPANY BUSINESS:
Ibnet plc - business is search engine marketing consultancy and portal -
acquiring The Deal Group Limited - business is on-line return on investment
based advertising.

DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, 
nominal value and issue price):
Issued share capital on admission is expected to be 350,358,084 Ordinary Shares 
of 1p each, made up as follows
Current issued share capital:          87,952,000 ordinary shares
Consideration shares for acquisition: 205,221,335 ordinary shares
Placing shares:                        51,319,648 ordinary shares
Capitalisation of loan stock:           5,865,103 ordinary shares

CAPITAL TO BE RAISED ON ADMISSION:
Up to #1.75 million by issue of 51,319,648 ordinary shares at 3.41p per share

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:
David John Lees (non-executive Chairman)
Adrian Martyn Moss (CEO)(proposed)
Toby John Smallpeice (Business Development Director)
Keith Lassman (Non-executive Director)(proposed)
Dominic Trigg (Non-executive Director) (proposed)

PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A
PERCENTAGE OF THE ISSUED SHARE CAPITAL STATING WHETHER BEFORE OR AFTER
ADMISSION:
On Admission (expected)
I-Spire Corporation   76,555,360 ordinary shares representing 21.9% of issued shares
Adrian Moss           39,419,144 ordinary shares representing 11.3% of issued shares
David Steene          19,708,232 ordinary shares representing 5.6% of issued shares
Gerald Epstein        19,708,232 ordinary shares representing 5.6% of issued shares
Capita Trust Co Ltd   18,500,000 ordinary shares representing 5.3% of issued shares
Fox Tucker            15,851,827 ordinary shares representing 4.5% of issued shares
Toby Smallpeice       16,865,103 ordinary shares representing 4.8% of issued shares

NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 
2, PARAGRAPH (G) OF THE AIM RULES:
D Squared Management Limited (of which David Lees is an adviser) was paid
#69,793.81 in the last twelve months in respect of consultancy services. Adrian
Moss is entitled to receive a bonus of #100,000 conditional on Admission.

ANTICIPATED ACCOUNTING REFERENCE DATE:
31 December

EXPECTED ADMISSION DATE:
20 October 2003

NAME AND ADDRESS OF NOMINATED ADVISER:
KBC Peel Hunt Ltd, 111 Old Broad Street, London EC2N 1PH

NAME AND ADDRESS OF BROKER:
KBC Peel Hunt Ltd, 111 Old Broad Street, London EC2N 1PH

DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE
AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE
APPLICANT AND THE ADMISSION OF ITS SECURITIES:
The admission document, which contains full details about the applicant and the
admission of its securities, is available from the offices of KBC Peel Hunt Ltd,
111 Old Broad Street, London EC2N 1PH

DATE OF NOTIFICATION:
24 September 2003

NEW/ UPDATE (see note):
New


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