CPT GLOBAL LIMITED — Capital/Financing Update 2003

Jan 30, 2003

CPT GLOBAL FINALISES EARNOUT PERIOD ON ACQUISITION OF DEAKIN CONSULTING

IT Services specialist, CPT Global, today announced that it has signed a Memorandum of Understanding with Mr Martin Thomas agreeing to finalise the earn-out period on the February 2002 acquisition of Deakin Consulting, an Australian IT Management Consulting and Project Management business.

CPT Global Managing Director, Peter Corrigan, said "The finalisation of the acquisition of Deakin Consulting enables CPT to fast track the full integration of Deakin Consulting into CPT Global enabling the earlier realisation of a range of valuable strategic benefits.

For further information please contact:

Mr Gerry Tuddenham, Executive Chairman or Mr Peter Corrigan, Managing Director. Telephone +61 3 9690 3911

For company profile and information refer to: www.CPTGlobal.com