VET Verdant

RNS Number:3337O
Virtual Internet PLC
7 December 2001

FOR IMMEDIATE RELEASE

7 December 2001



                  Virtual Internet plc ("Virtual Internet")

                         Statement re: Possible Offer

The Board of Virtual Internet has noted the recent press speculation and
confirms that it has received an approach which may or may not lead to an
offer being made for the company.

In the meantime, the Board advises shareholders to take no action. A further
announcement will be made as soon as possible.

END

ENQUIRIES:


Virtual Internet plc                                       Tel: (020) 7460 4060

Jonathan Wales - Chief Financial Officer

Richard Cobb - Company Secretary
Hoare Govett Limited                                       Tel: (020) 7678 8000

Justin Jones

Andrew Osborne



Hoare Govett Limited, a member of the ABN AMRO Group, which is regulated by
The Financial Services Authority, is acting for Virtual Internet in connection
with the matters described herein and no-one else and will not be responsible
to anyone other than Virtual Internet for providing the protections afforded
to customers of Hoare Govett Limited, nor for providing advice in relation to
the matters described herein.

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