Issue of Equity

First Derivatives PLC
29 February 2008

                     First Derivatives plc (the 'Company')
                             (AIM:FDP.L, IEX:GYQ.I)

                              Exercise of Options

The Board announces that, following the exercise of options by certain
employees, 147,833 ordinary shares in the Company have been issued and allotted.

Accordingly, application has been made for the 147,833 new ordinary shares to be
admitted to trading on AIM and IEX and it is expected that admission will take
place on 6 March 2008.

The new ordinary shares will rank pari passu with the existing shares of the
Company. Following this allotment, the total issued share capital of the Company
will increase to 13,279,324 ordinary shares.

29 February 2008

Contact:

First Derivatives plc                                 Tel: [phone]
Brian Conlon

Charles Stanley Securities                            Tel: [phone]
Nominated Adviser
Russell Cook/Carl Holmes

Goodbody Corporate Finance                            Tel: [phone]
IEX Adviser
Diane Hodgson/Linda Hickey

Stakeholder Communications
Carl Whyte                                            Tel:  [phone]
Lisa Nugent                                           Tel: [phone]






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