Exercise of Options and Director's Dealings

8 February 2010 Allocate Software plc ("Allocate" or "the Company") Exercise of Options and Director's Dealings Allocate was notified on 5 February 2010 that Richard Morgan-Evans, Non-Executive Director of the Company, exercised an option on 4 February 2010 to acquire 200,000 ordinary shares of 5 pence each ("Ordinary Shares") at 25.5 pence per share, which were subsequently all sold on 5 February 2010 at 71 pence per share. Following these transactions, Mr Morgan-Evans holds no shares in the Company. In addition, on 4 February 2010, employees of the Company exercised options to acquire a total of 282,902 Ordinary Shares. Application has been made for the 482,902 Ordinary Shares to be admitted to AIM, with trading expected to commence on 11 February 2010 ("Admission"). Upon Admission, the shares will rank pari passu in all respects with the existing Ordinary Shares of the Company. After admission of these new shares, the Company will have 60,308,527 Ordinary Shares in issue. Enquiries: Allocate Software Simon Thorne - Group Finance Director Tel: +44 (0) 20 7355 5555 Numis Securities Nominated adviser - Michael Meade / Brent Nabbs Tel: +44 (0) 20 7260 1000 Corporate Broking - James Black Hansard Communications Tel: +44 (0) 20 7245 1100 Justine James Kirsty Corcoran About Allocate Software Allocate Software plc is the leading workforce optimisation software applications provider for world-wide organisations with large, multi-skilled workforces. With a blue chip client base spanning the public and private sector, its key vertical markets include: Healthcare, Defence, Maritime and Government & Education. At the core of the business is Allocate's workforce optimisation software application, which organisations use to deploy the right people with the right skills, to the right place at the right time. Headquartered in London, Allocate provides services and support to its increasing international customer base through regional offices in the UK, Sweden, USA, Australia and Malaysia. Allocate Software is quoted on the London Stock Exchange (AIM: ALL). For further information please visit www.allocatesoftware.com. Allocate Software plc
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