Change of Adviser

Transense Technologies PLC
03 February 2003


Date:             3 February 2003
On behalf of:     Transense Technologies plc
                  Embargoed 0700hrs

Transense Technologies plc
Change of Adviser


Transense Technologies plc, developer and licensor of wireless sensor technology
for the automotive industry, is pleased to announce the appointment of
Bridgewell as the Company's nominated adviser and broker.  The appointment is
with immediate effect.

John Dean, a Director of Bridgewell, will be the analyst on Transense.  He
joined Bridgewell from UBS Warburg, where he was the number one rated
engineering analyst in the Reuters UK Smaller Companies survey.

                                  -ends-

For further information please contact:

James Perry, Chief Executive                            Tel:  [phone]
Transense Technologies PLC

John Craven, Director                                   Tel:  [phone]
Tel:  [phone]

Emma Kane, Chief Executive                              Tel:  [phone]
Redleaf Communications Ltd                              Mob: [phone]
                                                        [e-mail]



Notes to Editors:



•         Transense was founded in 1991 and its shares were listed on AIM in
          1999;

•         Transense's technology is divided into two business streams:  Torque
          measurement and Pressure measurement;

•         Current licensees of Transense's technology include SmarTire,
          Michelin, Honeywell and TT Electronics;

•         Further information on Transense is available at the Company's
          website at www.transense.co.uk



•         Bridgewell is an independent investment bank which offers corporate
          finance and broking services to the small and mid cap market, and 
          independent advice to larger companies considering major transactions.  
          Since its inception around two years ago, Bridgewell has brought 
          together a team of over 40 experienced corporate finance and 
          securities professionals, drawn from some of the City's top investment 
          banks.  Bridgewell is owned by its employees and a small group of 
          institutional shareholders.




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