RNS Number:6093O
Fundamental-e Investments PLC
13 August 2003

13 August 2003


                         Fundamental-e Investments plc

                      Acquisition of Purely Plasma Limited
                           and Change of Directorate

The board of Fundamental-e Investments plc (the "Company") is pleased to
announce the acquisition today of the entire issued share capital of Purely
Plasma Limited ("Purely Plasma").

Purely Plasma is a start-up company which has not traded and which will
specialise in the sale and distribution of plasma flat screen televisions to
both the retail and corporate markets. Initially Purely Plasma will sell its
products via the Internet but later will open retail shops to complete its
"Clicks and Bricks" strategy. Both corporate and retail customers will be able
to rent plasma screen televisions or purchase them outright. Purely Plasma will
be able to enter this new fast growing market at minimal cost by maximising the
use of the group's current warehousing and distribution facilities and
exploiting the potential synergies between the group's component supplier, CCM
Distribution Limited and Purely Plasma.

There is no initial cash or share consideration for Purely Plasma.  Once Purely
Plasma achieves sales of at least  #200,000 and has a fully operational internet
trading site, the Company will allot to the vendors of Purely Plasma such number
of shares in the Company equivalent to 16.74% of the issued share capital of the
Company on the date the last of the two conditions have been satisfied.

The board feels that the purchase of Purely Plasma is an exciting and
challenging opportunity.

Stuart Willmott, currently finance director and company secretary of the
Company, is facing increasing demands on his time from his other business
activities, is unable to devote sufficient time to the new venture and so is
stepping down from his position. He is replaced by Mr Ian Ashworth as finance
director and company secretary with immediate effect.

The following disclosures are made in accordance with Paragraph 16.4 of the
Listing Rules.

Ian Paul Ashworth (aged 50)

Directorships

Current Directorships                Previous Directorships

GPS Inc (USA)                        Chelsea Software Limited
QED Technology Limited               Sportsflutter Limited - UK
WAP Integrators (UK) Ltd             Sportsflutter  Limited - Malta
                                     Isis Microelectronics Limited
                                     Emsys Sales International Limited
                                     Oxford Practical Technologies Limited
                                     WAP Integrators PLC


Mr Ashworth was a Director of Oxford Practical Technologies Limited which had a
winding up order made against it on 20 May 1996.   The estimated total
deficiency as regards creditors was #28,161.

Save as disclosed above, there are no details to be disclosed under paragraph
6.F.2 (b) to (g) of the Listing Rules for Mr Ashworth.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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