Stock Exchange Announcement - released at 7.30 am, 10th January 1996 - The Acorn Computer Group plc (Acorn) announces that it has entered into an agreement with Oracle Corporation (Oracle) for the development of reference designs for a range of Network Computing products. These Network Computers will be based on open Internet standards, such as HTML and SUN's Java, and at a level that is independent from any specific machine architecture. They will be intelligent devices which are connected to networks and are low cost as they do not need local mass storage and have minimal RAM requirements.