RMR Rome Resources Plc

RNS Number:1135K
RMR PLC
17 September 2001



RMR plc ("RMR " or "the Company") - Chairman's Remarks at AGM



At the Company's Annual General Meeting ("AGM") held today, the Company's
newly appointed chairman, Michael Mills, addressed the meeting with a brief
set of remarks. The following are key extracts from the remarks made by the
chairman at the meeting today.

"RMR has been through a difficult and challenging period over the past nine
months as the business has been restructured, the business model refined and
new products developed. Although sales revenue is still disappointingly low,
we have now reached a point where we can look forward with a cautious degree
of optimism. I was introduced to RMR a few months ago and having carried out a
strategic review of the Company, I feel confident that we have a base on which
we can begin to build a successful business.

"In order to increase sales revenue it is not only important to have a strong
client base but also products which add real value to the clients' business
performance. To this end, our Elevate Learning Management System is our most
client focused piece of software development to date and much of our future
sales effort and the majority of our technical input will be centred on this
product.

"We have also begun work on Version 3 of our online conference software model.
We believe that the changes we are implementing will make the product a more
user-friendly application, requiring minimal customer training. We will also
continue to undertake a range of bespoke web design and web development
projects for high profile clients on an ad hoc basis.

"We are in the early stages of looking at a number of potential acquisitions
which we believe would benefit RMR. Our focus is on companies and products in
the e-learning market place with a view to developing the Company into a
provider of technology and content solutions to this large and growing sector.
In the coming months, I hope to be able to make a number of announcements to
shareholders regarding developments in this area.

"The board structure has undergone a number of changes in the past six weeks.
In early August, the Company's non-executive chairman, Dr Michael Peagram,
stepped down, while last week, Kazia Kantor and Robert Jackson also resigned
from their positions as non-executive director and chief executive,
respectively.

"Following this morning's AGM, I am delighted to have been appointed executive
chairman. Later this month, Ned Carroll, a substantial shareholder, will also
join the board as a non-executive director. Ned is a chartered accountant and
was a director of RMR prior to its flotation. Hence, he is familiar with the
Company and known to many of our shareholders. The remainder of the board
remains unchanged with Derek Cormack and Mark Smith continuing in their
respective roles of finance director and business development director."



17 September 2001

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