RNS Number:3002P
Myratech.net PLC
02 September 2003

MYRATECH.NET PLC



2 September 2003



ISSUE OF WARRANTS



Myratech.net Plc ("Myratech" or "The Company") on 18 July 2003 issued to
Nicholas Hamilton (Chairman) warrants to subscribe for 500,000 ordinary shares
("Shares") of 1p each in the capital of the Company at a price of 2.38p per
Share (being the mid-market price of the Shares on 18 July 2003).  The warrants
issued to Mr Hamilton may be exercised at any time following 1 August 2003 but
prior to 60 days after the date of the preliminary announcement of the results
for the financial year ended 31 December 2005 provided that in any one financial
year during this period the earnings before interest, tax, depreciation and
amortisation of the Company (excluding any profits arising under a profit share
agreement with Global Business Dynamics Limited) equal or exceed #250,000.



Also on 18 July 2003 the Company issued to Mark Abrams warrants to subscribe for
1,000,000 Shares at a price of 2.38p per Share (being the mid-market price of
the Shares on 18 July 2003).  The warrants issued to Mr Abrams may be exercised
at any time following 1 January 2004 but prior to the fifth anniversary of 18
July 2003.



END.




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

MSCSSAFIESDSELU