Bonus Issue

Transense Technologies PLC 4 September 2001 On behalf of: Transense Technologies plc Date: 4 September 2001 Bonus issue Transense Technologies plc ('Transense' or 'the Company') announces a proposed bonus issue of three new ordinary shares of 10p each in the Company, credited as fully paid, for each ordinary share held by a shareholder as at close of business on 2 October 2001. Subject to the relevant resolution being passed at an Extraordinary General Meeting of the Company to be held at 10:00 a.m. on 27 September 2001 ('the EGM'), it is expected that trading in the bonus shares will commence on 4 October 2001 on the Alternative Investment Market of London Stock Exchange plc. The bonus shares will rank in full for all dividends and other distributions declared after their date of issue and otherwise pari passu in all respects with the existing ordinary shares in issue. Commenting on the bonus issue, Jim Perry, Chief Executive of Transense, said: 'It is the Company's aim in proposing the bonus issue to enhance the marketability of its shares, improve liquidity and further broaden the shareholder base'. Copies of the document describing the proposed bonus issue, incorporating the Company's interim results for the six months to 30 June 2001 and attaching a notice convening the EGM can be obtained, free of charge, for the period of one month from the date of this announcement, from: Transense Technologies plc, 66 Heyford Park, Upper Heyford, Bicester, Oxfordshire OX25 5HD. For further information, please contact: Jim Perry, Chief Executive Transense Technologies plc 01869 238 380 www.transense.co.uk John Mellett / Graeme Bayley HSBC Investment Bank plc 020 7336 9000 John Coyle Clerkenwell Communications 020 7713 0900 07770 687 370 07699 727 796 (pager)
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