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To: Jeffery E. Forrest who wrote (8492)11/4/1997 9:00:00 AM
From: Moonray  Respond to of 22053
 
U.K.'s Internet Technology's Subscriber Base Exceeds 40,000

Glasgow, Nov. 4 (Bloomberg) -- Internet Technology Group
Plc said its Global Internet Ltd. unit's subscriber base has
topped 40,000, representing annualized revenue of about 4
million pounds ($6.7 million).

ITG, an Internet service provider, said it added 4,500
new subscribers in October, and had a total of 44,000 at the
end of the month, including 5,000 business customers.
''Our original timetable for reaching this target was mid-
March 1998,'' said ITG Chairman Jan Murray. ''To have achieved
it five months ahead of time is a tremendous achievement.''

Yesterday, ITG shares rose 1 pence to 70 pence, and have
risen from 51 pence since the beginning of the year.

o~~~ O