'ITE Group Plc ('ITE') notes recent press speculation, and advises that it is in preliminary discussions that may or may not lead to an offer for ITE in due course. It should be noted that the level of the offer under discussion is below 100p. A further announcement will be made when appropriate.'

ITE Group Plc
Sir Hugh Bidwell	Phone: +44 20 7596 5000
Ian Tomkins	Phone: +44 20 7596 5000