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PremiSys Tech. PLC (ASE)

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Wednesday 24 October, 2001

PremiSys Tech. PLC

Granting of Options

PremiSys Technologies PLC
24 October 2001

                                                               24 October 2001

                          PREMISYS TECHNOLOGIES PLC

                        ('PremiSys' or the 'Company')

                       Granting of options to directors

The Company announces that today 200,000 share options were granted to Walter
Goldsmith and 400,000 share options were granted to Charles Woods, both of
whom are directors of the Company. The options have an exercise price of 30
pence per share and are exercisable between 24 October 2004 and 24 October
2008, except for 100,000 of the share options granted to Charles Woods which
are exercisable until 24 October 2011. An additional 1,093,333 share options,
with an exercise price of 30 pence per share, were granted to staff. The
exercise price represents a substantial premium to the closing mid-market
price of 9 pence per share on 23 October 2001. All of the options granted are
conditional on meeting pre-determined performance targets for the business.
The options were issued under the Company's existing share option schemes.

Walter Goldsmith also has an interest in 350,000 ordinary shares, representing
approximately 0.4 per cent of the issued share capital of the Company. Charles
Woods also has an interest in 150,000 ordinary shares, representing
approximately 0.2 per cent of issued share capital of the Company, and a
further 100,000 options which are exercisable at 64.5 pence per share between
26 July 2003 and 26 July 2007.


For further information, please contact:


Walter Goldsmith                                          020 7388 4890

Charles Woods

Deloitte & Touche Corporate Finance

Robin Binks                                               020 7936 3000

Richard Collins

The Communications Group

Tom Allison                                               020 7630 1411

The Directors of PremiSys accept responsibility for the information contained
in this announcement. To the best of the knowledge and belief of the Directors
(who have taken all reasonable care to ensure that such is the case) the
information contained in this announcement is in accordance with the facts and
does not omit anything likely to affect the import of such information.