RNS Number:0331N
Myratech.net PLC
01 July 2003

MYRATECH.NET PLC



DIRECTORS SHARE DEALINGS



1 July 2003



Myratech.net Plc ("the Company")



The Company announces that following ordinary shares ("Shares") of 1p each in
the Company have been transferred today for nil consideration to Duncan Sperry
(Chief Executive Officer) and Tony Mobley (Chief Financial Officer):


Transferor                         Transferee                      No. of Shares
Sarah Abrams                       Duncan Sperry                     1,375,000
Sarah Abrams                       Tony Mobley                         625,000
Mark Abrams                        Tony Mobley                         750,000



The holdings of Mark Abrams, Sarah Abrams, Duncan Sperry and Tony Mobley
following these transfers are as follows:


Holder                             No. of Shares                      Percentage
Mark Abrams*                       10,337,623                         35.8
Sarah Abrams                       237,377                             0.8
Duncan Sperry                      1,375,000                          4.76
Tony Mobley                        1,375,000                          4.76



Commenting on these transfers, Nicholas Hamilton, Chairman, said:



"These transfers incentivise Duncan Sperry and Tony Mobley to continue to turn
around the Company and create shareholder value".



Enquiries:



Nicholas Hamilton, Chairman         0121 628 6000
Myratech.net Plc



*including beneficial and non-benefial interests of M Abrams and his family
(except for Sarah Abrams)





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