Issue of Equity

Transense Technologies PLC 06 October 2005 Transense Technologies plc 6 October 2005 Transense Technologies plc - Placing Transense Technologies plc ('Transense' or 'the Company') announces that it has today entered into an arrangement, conditional inter alia on admission, to place 2,650,000 new ordinary shares of 10 pence each ('New Ordinary Shares') at 85 pence per share ('the Placing'), to raise approximately £2.25 million before expenses. The New Ordinary Shares represent approximately 4.9 per cent. of the Company's existing issued share capital, and will rank pari passu in all respects with all other existing issued Transense ordinary shares. The placing price represents a discount of approximately 4.8 per cent to the mid-market price of 89.25 pence when the placing was arranged. Application has been made for the New Ordinary Shares to be admitted to AiM. It is expected that admission will take place on 13 October 2005. The net proceeds of the Placing are expected to be approximately £2.16 million and will be used to strengthen the Company's balance sheet. For further information contact: Transense Technologies plc Jim Perry - Chief Executive Tel: 01869 238 380 Conduit PR Pam Spooner or Laurence Read Tel: 020 7618 8760 This information is provided by RNS The company news service from the London Stock Exchange
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