Granting of Options

ADVANCED SMARTCARD TECHNOLOGIES PLC (the 'Company') Granting of Options 1 March 2007 Advanced Smartcard Technologies plc, (SMRT) the Scottish based software group specialising in smartcard technology announces that, on 28 February 2007, the Company granted options over 1,166,666 Ordinary Shares in the Company to Tom Doyle, Non-Executive Chairman of the Company. These options have an exercise price of 3.7 pence per Ordinary Share and can be exercised at any time from 28 February 2009 until 28 February 2017. On 28 February 2007 the Company also granted options over 1,000,000 Ordinary Shares in the Company under the Company's EMI Share Option Scheme. These options are also exercisable at a price of 3.7 pence per Ordinary Share, and are exercisable at any time from 28 February 2010 until 28 February 2017. The objective of this scheme is to attract, motivate and retain staff and to align their objectives with those of shareholders. None of the Company's employees whom have been issued with options to subscribe for Ordinary Shares in the Company pursuant to the EMI Share Option Scheme are Directors of the Company. Nor are they significant or substantial shareholders in the Company. For further information contact: Advanced Smartcard Technologies plc 01355 813430 David Braddock, Managing Director Stephen Naylor, Finance Director SVS Securities plc 020 7638 5600 Ian Callaway Peter Manfield ARM Corporate Finance Limited 020 7512 0191 Nick Harriss NOTES TO EDITORS About Advanced Smartcard Technologies plc Advanced Smartcard Technologies plc, through its wholly owned subsidiary Ecebs Limited, is a profit making, software company operating in the dynamic and expanding smartcard arena. SMRT listed on AIM in December 2005. The Company provides smartcard technology to a wide range of user markets including transport, ID, healthcare, finance and local and national government departments and blue-chip companies.
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