RNS Number:3065P
Ultima Networks PLC
02 September 2003



Ultima Networks plc has relocated its Software Development team to a newly
acquired freehold premises "Marcom House" in Crediton, Devon.

Flair House, which was previously occupied by the Software Development team has
been sold. The sales proceed from the Flair House was #260,000 which will be
used as an additional working capital for the Group.




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