Issue of Equity

Software Radio Technology plc ("SRT" or the "Company")             

                                Issue of Equity                                

The Directors of SRT announce that they have issued and allotted 7,990,597 new
ordinary shares of 0.1p each in the Company as a result of the receipt of
notices of conversion of warrants in the Company at 40p per share.

Following the issue of the new shares, there are 97,723,774 ordinary shares of
0.1p each in issue with each share carrying the right to one vote. The final
date for conversion of the warrants into ordinary shares was 2 November 2007
and therefore all unexercised warrants have therefore lapsed.

Application will be made for the new shares to be admitted to AIM which is
expected to occur on 8 November 2007.

Enquiries:

Software Radio Technology plc                                      01761 409500
                                                                               
Matthew Rogers                                                                 
                                                                               
Hanson Westhouse Limited                                          0113 246 2610
                                                                               
Tim Feather / Matthew Johnson