EGM Statement

RNS Number:7003P
Net b2b2 PLC
12 September 2003


Netb2b2 plc ("Netb2b2" or the "Company")

Result of Extraordinary General Meeting

Netb2b2, the AIM listed digital services group, announces that at the
Extraordinary General Meeting held today ("the EGM"), the special resolutions to
effect the reorganisation of the Company's share capital (the "Capital
Reorganisation") were duly passed.

The Capital Reorganisation involves the sub-division and redesignation of each
ordinary share of 1p in the capital of the Company into one new ordinary share
of 0.1p ("New Ordinary Share") and one deferred share of 0.9p ("Deferred
Share").

Details of the resolutions are contained in the notice of EGM set out in the
circular to shareholders of Netb2b2 dated 20 August 2003, copies of which are
available from the offices of Smith & Williamson Corporate Finance Limited, No 1
Riding House Street, London, W1A 3AS.

Application has been made for the New Ordinary Shares to be admitted to trading
on the Alternative Investment Market of the London Stock Exchange ("AIM"). No
application will be made for the Deferred Shares to be admitted to trading on
AIM.

Keith Young, the Chairman of Netb2b2, commented: "I am delighted that
Shareholders have given these proposals their overwhelming support. The Company
is making progress and following the Capital Reorganisation we are in an
enhanced position to attract new investors when required, to help facilitate the
further expansion of the business."

For further information please visit www.netb2b2.com or contact:

Keith Young / Geoffrey Griggs           John West / Tracy Young

Netb2b2 plc                             Tavistock Communications
Tel [phone]                       Tel [phone]


12 September 2003

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

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