Exercise of Options

First Derivatives PLC
30 January 2007

                             First Derivatives Plc

                     ('First Derivatives' or 'the Company')

                              EXERCISE OF OPTIONS



Following the exercise of employee share options the Company has applied for
92,000 ordinary shares of 0.5p each to be admitted to AIM. Admission is expected
to take place on 2 February 2007.


                      This information is provided by RNS
            The company news service from the London Stock Exchange