Trading Update

Advanced Smartcard Technologies plc
                                 (The "Company")

                                  Trading Update

18 December 2006

Advanced Smartcard Technologies plc (SMRT.LN), the Scottish based software group
specialising in smartcard technology, is pleased to announce that over a million
journeys  have  been taken by users of a NoW smartcard since the ITSO  Smartcard
scheme was implemented by Metro Coastlines in September 2006.

The  ITSO  Smartcard system, which uses the Company's leading  edge  MultefileTM
technology, is a new national standard system that replaces cash and traditional
passes  on buses.  With over a million journeys now logged, the system has  been
well  received  by passengers and is now accepted across Metro Lines'  fleet  of
over 200 buses and trams in the Fylde Coast area (Blackpool).

David  Braddock,  Managing  Director  of Advanced  Smartcard  Technologies  plc,
commented:

"We  are delighted that the ITSO Smartcard scheme has been so well received  and
has  passed  this  important milestone.  We look forward to the  ITSO  Smartcard
scheme   being  adopted  by  other  transport  operators  across  the   UK   and
internationally."

For further information contact:

Advanced Smartcard Technologies plc                   01355 268 521
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.