Issue of Equity

Quadnetics Group PLC announces that, following the exercise of share options by an employee it has allotted 5,000 Ordinary Shares of 20p each. The issued ordinary share capital of the Company is now 15,817,838 ordinary shares of 20 pence each. Application has been made for these shares to be admitted to AIM, which is expected to occur on Friday 30 June 2006. Enquiries: Nigel Poultney (Finance Director) Tel: +44 01527 850 080 Neil Baldwin Tel: +44 0113 241 0130 Brewin Dolphin Securities ENDS ---END OF MESSAGE---

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