@UK software supports NAO report

Under embargo until 7am

2 February 2011

@UK PLC

("@UK" or the "Company")

@UK's software supports National Audit Office

Today the National Audit Office has published a procurement report on consumables buying within the NHS entitled "The procurement of consumables by NHS hospital trusts." The report is available from the National Audit Office website at www.nao.org.uk.

@UK PLC provided the analysis services to the National Audit Office to assist them in the preparation of this report, using their SpendInsight Service.

For information on the report please contact:

Sarah Farndale, National Audit Office Press Officer:

[email protected], 0207 798 5350

For information on @UK PLC contact:

@UK PLC

Lyn Duncan

Commercial Director

Tel: 0118 963 7000

Beaumont Cornish Limited

Roland Cornish

Tel 0207 628 3396

Threadneedle Communications

Caroline Evans-Jones, Alex White

Tel 020 7653 9850

Notes to Editors

@UK PLC provides secure cloud based eCommerce, eProcurement and email services to businesses and public sector bodies.

"SpendInsight" is a software application that extracts and analyses an organisation's procurement spend down to the individual item level. Through a SpendInsight analysis an organisation can typically identify average savings of 2.5% on its controlled spending as a result of incorrect pricing and modest price improvements, and an average of 10% on its uncontrolled spending.

@UK's secure internet eMarketplace enables buyers such as local authorities, schools and hospitals to buy online from commercial suppliers ranging from large corporations to small to medium enterprises. This allows buying and selling to take place with no paperwork and a reduced chance of errors through transposition, achieving major savings throughout the supply chain.

@UK has a key competitive advantage as an eCommerce based marketplace as it ensures that prices are correct from requisition through to payment, where catalogue based marketplaces are unable to support carriage, complex pricing and configurable products.

For further information please visit www.uk-plc.net

ENDS