1999 Annual Report and Accounts Posted

Transense Technologies PLC 12 April 2000 TRANSENSE TECHNOLOGIES PLC Transense Technologies PLC announces that it has today posted its 1999 Annual Report and Accounts to its shareholders. Since the announcement on 16th March 2000 of the preliminary results for the year ended 31st December 1999, the Company has been advised by its Auditors, BDO Stoy Hayward, that a provision is required on account of the potential employer's National Insurance contributions payable on the exercise of employees' share options from 26th November 2002. Accordingly, the Audited Accounts reflect such provision in the amount of £200,000.
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