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Gresham Computing (GHT)

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Monday 25 September, 2000

Gresham Computing

SAYE Share Options-Replacemnt

Gresham Computing PLC
25 September 2000


The issuer has made the following amendment to the SAYE Share Options
announcement released on 11 September 2000 at 14.46 under RNS No 7406Q.
                            
As a result of a final rounding down calculation that the options granted
at a price of 23 pence to A Walton-Green and S W Purchase under the 
company's SAYE scheme on 8 September 2000 are 30,157 each rather than the 30,214
previously stated.

All other details remain unchanged.

The full corrected version is shown below.
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                  Gresham Computing plc

Gresham Computing plc announced today that on 8 September
it  had  granted in total 1,156,826 options  to  purchase
ordinary  shares of 5p each at a price of  23  pence  per
share  under  the  Company's Save  As  You  Earn  Scheme.
Pursuant  to  the SAYE scheme options to purchase  30,157
ordinary shares at a price of 23 pence each were  granted
to directors S W Purchase and A Walton-Green.

Andrew Walton-Green commented that he was delighted  with
the continued commitment of Gresham staff to the company,
which resulted in the offering being over-subscribed.