RET Retec

    Press Release

2 September 2008

                               RETEC DIGITAL PLC                               

                           ("Retec" or "the Group")                            

                       Acquisition of ODD London Limited                       

Retec Digital Plc, the multi-channel marketing services company and one of the
UK's largest provider of guided selling solutions which counts Tesco, Asda and
Sainsbury's amongst its clients, is pleased to announce that it has acquired
the entire share capital of ODD London Limited ("ODD"), a specialist design and
marketing agency. Retec Digital is paying a consideration of �540,000 satisfied
by the issue of 5,000,000 shares priced at 5p, �260,000 as a convertible loan
repayable by September 2010 and a further �30,000 in cash.

ODD is a design-led communications agency whose client list includes Kickers,
Kiss, New Look, Nike, Sony and Westfield. It has a multi-disciplinary offering,
which ranges from product design to fully integrated marketing campaigns. In
the year to 31 December 2007, ODD had an unaudited turnover of �2,206,000 and
profit before tax of �54,000. Its unaudited gross assets at 31 December 2007
were �667,000.

The acquisition of ODD will provide Retec with several opportunities for growth
resulting from the extension of the Group's product offering, which will
significantly enhance Retec's range of capabilities and the acquisition of
ODD's client list.

Application has been made to the London Stock Exchange for the 5,000,000 new
ordinary shares to be admitted to trading on AIM. It is expected that admission
of the new ordinary shares will become effective on AIM and that dealings will
commence at 8.00 am on 4 September 2008.

The new ordinary shares will, when issued and fully paid, rank pari passu in
all respects with the existing ordinary shares of the Company and will be
issued subject to the memorandum and articles of association of Retec.
Following this allotment, the total issued share capital of the Company will
increase to 164,324,664 ordinary shares.

John Cole, CEO of Retec, stated: "We are delighted with the acquisition of ODD,
which will complement our purchase of Liquid Digital earlier this year and
further consolidates Retec's strong position in the digital media market. The
ODD creative team brings with it an impressive client base and significantly
extends Retec's range of capabilities in the fields of brand marketing,
advertising and kiosk design."

Nick Stickland and Simon Glover, joint Managing Directors of ODD, commented:
"We are very happy to be joining forces with Retec. We have worked together on
a number of successful projects to date and this acquisition will allow us to
further develop our digital expertise and accelerate growth for both ODD and
the rest of the Retec Group"

                                   - Ends -                                    

For further information please contact:

Retec Digital PLC                                                01455 222260
                                                                             
John Cole, Chief Executive                                                 
Charles McKay, Finance Director                                              
                                                                             
Hogarth Partnership Ltd                                         020 7357 9477
                                                                             
Fiona Noblet / Ian Payne                                                     
                                                                             
Charles Stanley Securities                                                   
                                                                             
Mark Taylor                                                     020 7149 6000

Notes for Editors:

Retec Digital PLC provides multi-channel marketing solutions to retailers
designed to engage customers and increase sales.

It already has systems installed in major retail chains including Sainsbury's,
Tesco, Boots and Argos.

Flexible and versatile, Retec's solution can incorporate a mixture of advanced
products within its range. These include:

Entertainment Xtra - a communications channel incorporating the range of the
company's system aimed at promoting home entertainment products such as music,
films, games and books. Customers include Sainsbury's, Tesco and ASDA.

Product Finder - this is used to locate any product within a store and can be
used in conjunction with other applications within the company's portfolio.

Guided Selling - a touch screen providing audio/visual information/instruction
on products at the point of sale. This has a variety of applications including
for example, wine and electrical goods.

Self Service - allows customers to perform a transaction using an in-store
terminal. Retec's product suite has the ability to extend the range of product
sold within a store, enable self check-out, top up a mobile phone, sell mobile
phone content (games, logos etc), purchase of gift cards and interact with
loyalty schemes. Current customers include Boots, Argos and Woolworths.



END

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