RNS Number:5475A
Acquisitor Holdings (Bermuda) Ltd
06 July 2004


                                                                     6 JULY 2004


                       ACQUISITOR HOLDINGS (BERMUDA) LTD.
                  (Ticker: Reuters AOB.L or Bloomberg: AOB LN)


   OUTCOME OF BALTIMORE TECHNOLOGIES PLC ANNUAL GENERAL MEETING/EXTRAORDINARY
                                GENERAL MEETING

Following the announcement earlier today of the Baltimore Technologies plc
("Baltimore") Annual General Meeting and Extraordinary General Meeting voting
results, Acquisitor Holdings (Bermuda) Ltd confirms that the following nominees
will take up their posts as directors of Baltimore:

David Buchler, Non-Executive Chairman
Duncan Soukup, Interim Chief Executive Officer
Tim Lovell, Interim Finance Director
George Wardale, Independent Non-Executive Director
Robin Williams, Independent Non-Executive Director

Duncan Soukup, Deputy Chairman of Acquisitor Holdings, said: "I am delighted
that the position at Baltimore has now been clarified and that we can
concentrate on enhancing shareholder value.

"Our first task is to review and fully understand Baltimore's true financial
position, which may take some months. We will, however, provide shareholders
with an update as soon as possible."

                                    --ENDS--

Enquiries


Gavin Anderson & Company                                         020 7554 1400
Ken Cronin / Janine Brewis

Shareholder contact details:
baltimore@gavinanderson.co.uk

Information on Acquisitor Holdings can also be obtained at:
www.acquisitorholdings.com




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