Exercise of Share Options

30 March 2010 Allocate Software plc ("Allocate" or "the Company") Exercise of Share Options On 30 March 2010, the Company issued 13,000 ordinary shares of 5 pence each ("Ordinary Shares") following the exercise of options under the Company's Enterprise Management Incentive Scheme. Application has been made for the Ordinary Shares, which rank pari passu with all existing shares, to be admitted to trading on AIM. Dealings in the Ordinary Shares are expected to commence on 7 April 2010. Following the exercise of these options, Allocate Software plc will have 60,397,149 Ordinary Shares in issue. Enquiries: Allocate Software Ian Bowles - Chief Executive Officer Tel: +44 (0) 20 7355 5555 Simon Thorne - Group Finance Director Numis Securities Nominated adviser - Michael Meade / Brent Nabbs Tel: +44 (0) 20 7260 1000 Corporate Broking - James Black Hansard Communications Justine James Tel: +44 (0) 20 7245 1100 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: Defence, Maritime, Healthcare, Government & Education. At the core of the business is Allocate Software'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 Software 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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