RNS Number:3069N
Planit Holdings PLC
08 July 2003


Planit Holdings plc ("Planit")
Acquisition of Huckerby Royall Systems Limited


We are pleased to announce that on 4 July 2003 Planit entered into an agreement
to acquire the entire issued share capital of Huckerby Royall Systems Limited
("HRS").

HRS, with offices in Woking and Leicester, is a producer of Manufacturing
Resource Planning and Enterprise Resource Planning (MRP/ERP) software, geared
primarily to the Manufacturing sector.

The consideration payable by Planit to acquire HRS comprises 3 million Planit
shares, convertible loan notes of #250,000 and #250,000 payable in cash payable
on completion. Completion of the agreement is conditional on the Planit shares
forming the share consideration being admitted to the Official List of the
London Stock Exchange.

Audited accounts show that HRS achieved sales in the year to 30 June 2002 of
#510,000 and an operating loss of #4,000.  At 30 June 2002 HRS had net assets of
#9,000.

Application will be made for a total of 3,000,000 Ordinary Shares of 10 pence
each in the company to be admitted to the Official List. Admission is expected
to become effective by 15 July 2003.

Trevor Semadeni, Chief Executive of Planit Holdings, said:

"We have noted an increasing demand for MRP/ERP solutions amongst our current
customers notably in the UK and the US. HRS offers the Planit Group the
opportunity to meet our existing customers requirements but also grow our
business in other chosen sectors "


Enquiries

Planit Holdings
Trevor Semadeni           01233 635566
Bryan Pryce               01233 635566
Jonathan Lee              01233 635566



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

ACQRPMATMMJMBAJ