RNS Number:7296T
Voss Net PLC
30 December 2003

30 December 2003


                          VOSS NET PLC (the "Company")

                        Result of Extraordinary Meeting


At the Extraordinary General Meeting held today all resolutions were passed.


Accordingly every ordinary share of 1p is now to be re-issued as a new ordinary
share of 0.01p. The reorganisation takes effect after the close of business
today and trading in the new ordinary shares of 0.01p each is anticipated to
commence tomorrow, 31 December 2003.


The Company today issued 165,000 ordinary shares of 1p each as a result of the
exercise of warrants for an exercise consideration of #1650.


Following finalisation of the Company Voluntary Arrangements for Voss Net plc,
Voss Net (UK) Limited and Voss Net Training Limited, 27,415,670 ordinary shares
of 1p each have been issued to satisfy the Voss Net group's obligations to
creditors, and a further 1,000,000 ordinary shares of 1p each have been issued
to satisfy a further creditor.



In summary, the Company has today issued 28,580,670 ordinary shares of 1p each
thereby increasing the number of issued ordinary shares to 62,538,866.
Application has been made for the 28,580,670 ordinary shares to be admitted to
trading on AIM in their new denomination of 0.01p ordinary shares and dealings
are expected to commence on 6 January 2004.




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

EGMXBLFXXLBBFBD