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Gresham Computing (GHT)

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Thursday 06 February, 2003

Gresham Computing

Issue of Equity

Gresham Computing PLC
06 February 2003


For immediate release                                            6 February 2003

                              Gresham Computing plc
                          ('Gresham' or 'the Company')

The Company announces that following the exercise of SAYE options, 16,377 new
ordinary shares of 5p each have been issued today, taking the total number of
outstanding ordinary shares of 5p each to 47,010,234.

The new ordinary shares will rank pari passu in all respects with the existing
issued shares.   Application has been made to the UK Listing Authority to admit
the new ordinary shares.  Trading in the new shares is expected to commence on
11 February 2003.

                                     -ends-


For further information please contact:

Gresham Computing plc                                             01489 555500
Dean Osman, Finance Director                         www.gresham-computing.com

Weber Shandwick Square Mile                                      020 7067 0745
Christian Taylor-Wilkinson


                      This information is provided by RNS
            The company news service from the London Stock Exchange