Issue of Equity

Transense Technologies PLC
18 November 2004

Transense Technologies plc - Issue of Equity

18 November 2004

Transense Technologies plc ('Transense') announces that on 18 November 2004 it
issued and allotted 264,000 new ordinary shares of 10 pence each ('New Ordinary
Shares') to employees pursuant to the exercise of share options.  The New
Ordinary Shares will rank pari passu in all respects with all other existing
issued Transense ordinary shares.

Application has been made to the London Stock Exchange for the shares to be
admitted for trading.


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