Result of EGM/Director S/Hldg

Transense Technologies PLC 9 February 2001 Transense Technologies plc-Result of EGM At the Extraordinary General Meeting held at 10 a.m. today the resolution relating to the proposed variation of certain options, as described in the circular to shareholders dated 23 January 2001, was duly passed, and the relevant options have subsequently been exercised. Application has been made for all of the 706,000 new ordinary shares issued under the option schemes to be admitted to the Alternative Investment Market ('AIM') of London Stock Exchange plc and dealings in these ordinary shares are expected to commence on Friday 16 February. Enquiries: Transense Technologies plc Jim Perry, Chief Executive 01869 238 030 HSBC Investment Bank plc John Mellett Graeme Bayley 020 7336 9000 Clerkenwell Communications John Coyle 020 7713 0900 0370 687 370 07699 727 796 (pager) Transense Technologies plc-Secondary placing by HSBC and exercise of options HSBC Investment Bank plc has today placed 464,800 ordinary shares in Transense Technologies plc ('Transense') with institutional investors at a price of 2275p per share, on behalf of certain directors and employees of Transense. The following Transense directors have today exercised options as follows: Number of Exercise Number of Number of options price options options before (pence) exercised after exercise exercise JAH Perry 250,000 100 250,000 - 150,000 1410 - 150,000 GD Eves 200,000 100 200,000 - 100,000 1410 - 100,000 30,000 2395 - 30,000 HG Pearl 100,000 100 100,000 - 10,000 2395 - 10,000 AB Baldry 50,000 100 50,000 - 5,000 2395 - 5,000 A Lonsdale 50,000 100 50,000 - 5,000 2395 - 5,000 Total 950,000 650,000 300,000 Following the exercise of options and the subsequent disposal of ordinary shares in Transense by certain directors of Transense, the beneficial interests of those directors in the ordinary shares of Transense are now as follows: Holding Holding Percentage Percentage before after held held exercise exercise before after and and exercise exercise placing placing and and placing placing JAH Perry 443,413 557,313 3.8% 4.5% GD Eves - 91,100 - 0.7% HG Pearl 10,000 55,600 0.1% 0.5% AB Baldry - 22,800 - 0.2% A Lonsdale* 675,409 673,209 5.7% 5.4% Total 1,128,822 1,400,022 9.6% 11.3% * A Lonsdale's interest in Transense ordinary shares arises partially through Sensor Technology Limited, a company jointly owned by Anthony Lonsdale and his brother Bryan Lonsdale. Save for the condition relating to admission of the new ordinary shares in Transense to trading on the Alternative Investment Market ('AIM') of London Stock Exchange plc, all the remaining conditions of the placing have been satisfied or waived. Enquiries: Transense Technologies plc Jim Perry, Chief Executive 01869 238 030 HSBC Investment Bank plc John Mellett Graeme Bayley 020 7336 9000 Clerkenwell Communications John Coyle 020 7713 0900 0370 687 370 07699 727 796 (pager)
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