Warsaw, October 5th, 2007

ASBISc Enterprises PLC ("ASBIS" or the "Company")

KNF APPROVED ISSUE OF PROSPECTUS OF ASBISC ENTERPRISES PLC

The Polish Financial Supervisory Authority (KNF) has approved the publication of a prospectus by ASBIS (the "Prospectus"), one of the leading distributors of IT products in Central and Eastern Europe, the Baltic States, the Former Soviet Union, the Middle East and North Africa. The Company plans to raise funds for the implementation of its development strategy and seek admission to trading on the Warsaw Stock Exchange.

In addition to the issue of new shares, the offering will involve a partial sell down by some of the existing shareholders, which is expected to enhance the liquidity of the Company's shares. The offering is planned to take place in the second half of October 2007 and the Prospectus will be sent to all shareholders by 11 October 2007.

The Company's advisers during the listing process are: ING (Global Manager of the Offer), ING Securities (Broker), Dewey & LeBoeuf (legal adviser), and Deloitte & Touche (auditors).

Siarhei Kostevitch, CEO of ASBIS, said "We are planning to increase our sales and market share in Central and Eastern Europe, Former Soviet Union, Middle East and Africa, where we are already present, and to enter new emerging markets. We also intend to develop our private labels - Canyon and Prestigio. We believe that proceeds from the IPO will allow us to finance our plans.".

"The IT market in the region of Central and Eastern Europe and in the Former Soviet Union has very good growth prospects and we are one of the key players in these markets. ASBIS is also dynamically growing in Africa. Investors will have the opportunity to buy shares in the Company whose business scale is unique for the GPW standards, with stable profitability and annual revenue above USD 1bn."

For additional information please contact:

Magda Kolodziejczyk, M+G
Ph: (22) 625 71 40, 0501 16 88 07
e-mail: magda.kolodziejczyk@mplusg.com.pl

Costas Tziamalis, ASBISc Enterprises Plc.
ph : 00357 25 857000
e-mail : costas@asbis.com

David Newton, Seymour Pierce Limited
Ph: 00 44 207 107 8000

ASBIS is one of the leading distributors of IT products in Central and Eastern Europe, the Baltic States, the Former Soviet Union, the Middle East and North Africa. The Company is incorporated in Cyprus, and its shares are already listed on the AIM market in London.

The ASBIS Group combines a broad geographical reach with a wide range of products distributed on a "one-stop-shop" basis. Additionally, the Company distributes its private labels, Canyon and Prestigio. As at 31 December 2006, ASBIS provided its services to over 14 thousand customers in approximately 70 countries.

The Group is a strong and reliable partner for leading international suppliers of IT components, including Intel, AMD, Seagate, Samsung, Microsoft, Hitachi and Toshiba, in most if the regions of its presence.

The revenues of ASBIS in H1 2007 were USD 540m (unaudited), a 26.7% growth in comparison to H1 2006. The Company recorded a net profit of USD 3.2m (unaudited), a 27.4% increase in comparison to the same period in 2006.

For the year ended 31 December 2006, ASBIS revenues exceeded USD 1.0bn and net profit was USD 11.1m.

The major shareholders of the Company are KS Holdings, (53.49%), and financial investors - MAIZURI Enterprises Ltd. (10%), and Alpha Ventures (6.67%). The remaining shares are mainly owned by the Company's management and employees.

For more information, visit also the company's website at www.asbis.com

This material is of a promotional nature only. The only legally binding document containing information on ASBISc Enterprises Plc (the "Company") and on the public offering of shares in the Company is the Prospectus. The Prospectus is available on the websites of: Gielda Papierow Wartosciowych w Warszawie (www.gpw.pl), the Issuer (www.asbis.com) and ING Securities S.A. (www.ingsecurities.pl). Hardcopies of the Prospectus will be available at the customer service desks of investment agents accepting subscriptions for the shares, namely: Customer Service Desks of ING Securities S.A., Order Placement Points operated by DM Polonia Net S.A. and BM Nordea Bank, Customer Service Desks of DM BZWBK and Order Placement Points of Biuro Maklerskie Banku BPH S.A.

These materials are not an offer of securities for sale in the United States. The securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S.

Securities Act of 1933, as amended. ASBISc Enterprises plc does not intend to register any offering or conduct any public offering in the United States and no offering of the securities described herein will be made by ASBISc Enterprises plc or any other person in the United States.

The information contained herein may be distributed in the United Kingdom only to persons in a business which involves the dissemination through publication of information concerning controlled activities.

This communication is directed only at persons who (i) are outside the United Kingdom or (ii) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) are high net worth entities falling within Article 49(2)(a) to (d) of the Order or (iv) such other persons to whom it may lawfully be communicated (all such persons together being referred to as ''Relevant Persons''). This communication must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this communication relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.

Any statements contained in this announcement which are not historical facts are forward-looking statements which express the beliefs, opinions and expectations of the Company and are subject to various risks and uncertainties that could cause actual results to differ materially from such expectations. The factors that could affect the Company's future financial results are discussed more fully in the Company's prospectus in relation to its offer of shares. The Company assumes no obligation to update information in this announcement.

END