Thompson Clive Inv - Acquisition Agreement, etc.

RNS No 6070c
THOMPSON CLIVE INVESTMENTS PLC
16 September 1999


On  15th September, 1999, Visual Networks Inc., the leader  in
service manager solutions, for public data networks, announced
that  it had reached a definitive agreement to acquire Inverse
Network   Technology   Inc.   ("Inverse").    Thompson   Clive
Investments  plc ("TCI") owns some 4.6 per cent. of  Inverse's
common  stock, currently valued at some #500,000.   Under  the
terms of the acquisition agreement, Visual Networks will issue
its  common  stock to acquire Inverse.  Based on  the  closing
price  of  Visual  Network's common stock on  14th  September,
1999, the transaction is valued at approximately $177 million.
Based  on  this  valuation,  TCI's holding  in  Inverse  would
increase  to some #5 million.  The transaction is  subject  to
the  approval  of  Inverse stockholders  and  other  customary
closing conditions.

The  Board  of TCI also notes the fall in its share price  but
would  draw  attention to  the announcement on 15th September,
1999 by Quintiles Transnational Corp., a company in which  TCI
owns  550,000  common  stock, that it  expects  the  financial
result  for  its third quarter ended 30th September,  1999  to
come in below analysts estimates.

Enquiries:

Susan  Thompson - Thompson Clive Investments plc     
0171  491 4809

END

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