FOR IMMEDIATE RELEASE

Gateway 2000 unveils Technology Centre for London's homeless

NORTH SIOUX CITY, S.D., April 18, 1997 - Gateway 2000, Inc. (NYSE: GTW), a leading global marketer of PCs, today unveiled a new Technology Centre for London's unemployed homeless at the Streets Ahead Recruitment Agency, a joint Centrepoint and Peabody Trust project solely for homeless people. The Technology Centre represents Gateway 2000's first community affairs initiative in the UK.

"This project reflects Gateway's commitment to IT training for everyone," said Mike Jarvis, Gateway 2000's European business development director. "We aim to ensure that London's homeless community are given necessary IT training and support to be fully prepared for work."

The Gateway 2000 Technology Centre at Streets Ahead is the first of its kind in the UK. It was set up this year to facilitate independence, to provide skills development, training and job readiness for single homeless people in London. Around 75% of the 3,000 young people Centrepoint sees every year are urgently seeking work as well as housing.

Chief Executive at Centrepoint, Victor Adebowale, commented, "Homeless people get trapped in the cycle of ‘no home, no job; no job, no home'. Gateway 2000 is supporting an enterprise which will help break this, and give people hope , jobs and homes."

Peabody Chief Executive George Barlow said, "Enabling young homeless people to obtain the necessary IT skills is essential if they are to access real job opportunities. Gateway 2000 has provided Streets Ahead with an invaluable facility to help combat not only unemployment but also homelessness among young people in London."

The new Technology Centre will be equipped with the latest PC technology from Gateway 2000 and Gateway's partners Microsoft and Intel.

About Gateway 2000
Gateway 2000, Inc., a Fortune 300 company founded in 1985, is a global leader in the direct marketing of PCs. The company, headquartered in North Sioux City, South Dakota, has manufacturing facilities in the United States, Ireland and Malaysia, and employs over 10,000 people worldwide. Gateway 2000 products and services consistently win top awards from leading industry publications. In 1996, the company shipped 1.9 million systems and reported revenues of $5 billion and net income of $250 million.

"Off The Streets And Into Work"
Co-ordinated by CENTEC (Central London Training & Enterprise Council), in co-operation with Westminster City Council, Blue Arrow Group and Homeless Network, is a four year project funded by the Government's Single Regeneration Budget. It aims to provide skills development, training and jobs for single homeless people from London. The four elements of the programme consist of:

• Streets Ahead, a Recruitment Agency specifically for homeless people
• Vocational guidance teams providing careers advice and counselling
• Training for homeless people, from basic and job-ready skills to more specific employment related courses.
• Key workers in hostels to advise people where and when and how to access training and employment

About Centrepoint
Centrepoint aims to ensure that no young person is at risk because they do not have a safe place to stay. It is a registered charity and housing association.

Centrepoint runs emergency shelters, hostels and flats in Greater London. Each year it helps nearly 3,000 new homeless young people with temporary accommodation and advice and assists them with finding a job.

Centrepoint works nationally as well, supporting groups across the country setting up their own information and advice projects for vulnerable young people. Through its research, information and publications about the causes and effects of youth homelessness Centrepoint helps shape the policies that affect young people at risk

About Peabody Trust
Peabody Trust is the capitals largest charitable housing trust and has been tackling London’s social problems since 1862. It currently manages over 14,000 homes for 27,000 Londoners in 25 boroughs. Peabody is tackling poverty in the capital by providing affordable housing solutions, investing in communities and promoting regeneration in deprived areas.

Peabody Trust offers practical solutions to the poverty trap faced by many Londoners. It is the major funder for the Streets Ahead project and has just agreed to fund a ‘job ready’ trainer for the scheme. In addition to Streets Ahead, Peabody has also built two central London Foyers which together provide secure accommodation and on site training centres for 200 young homeless people.

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