Result of Offer

TRANSENSE TECHNOLOGIES PLC ("the Company") RESULT OF OFFER 29 June 2010 The Company announces that it has received valid applications for 18,346,000 shares (with a value of £825,570) in the Offer which closed yesterday. As there are only 11,111,111 shares available in the Offer (with a value of £500,000) applications have been scaled back. Given the Board's stated intention was to favour smaller shareholders, it has been decided that all valid applicants will be allotted 10,000 shares (the Minimum Subscription Level) plus, where applicable, approximately 56.615% of their applications over and above the Minimum Subscription Level. Warrants will be issued on the basis of 1 warrant for every 1 share allotted. The Offer is subject to shareholders approving the requisite resolutions at the General Meeting scheduled for 11.00 am on Wednesday 30 June at the offices of Brewin Dolphin Limited, 5(th) Floor, 12 Smithfield Street, London EC1. For further information, please contact: Transense Technologies plc Graham Storey                                               01869 238 380 Brewin Dolphin Corporate Advisory and Broking - nominated adviser Neil Baldwin                                             0845 213 4726 Hybridan LLP - broker Claire Noyce                                             0207 947 4350 ENDS [HUG#1428114] This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction for further distribution is prohibited. Source: Transense Technologies plc via Thomson Reuters ONE
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