RNS Number:2698L
InterClubNet PLC
19 May 2003


InterClubNet PLC ("InterClubNet", "ICN" or "the Company")

Dealings by substantial shareholder

InterClubNet was informed on 16th May 2003 of the following share dealings:

In an off market transaction completed on 16th May 2003, James True transferred
(by gift) his entire holding of  1,295,211 ordinary shares (5.12%) in the
Company to a family trust named The Triple Investment Trust.

Following this transaction, The Triple Investment Trust holds 1,295,211 ordinary 
shares (5.12%) in the Company.

For further information please contact:

Nick Roach InterClubNet plc Chief Executive                 01420 525325
Adam Hart KBC Peel Hunt Ltd                                 020 7418 8900

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