Issue of Equity and Exercise of Options

ADVANCED SMARTCARD TECHNOLOGIES

ADMISSION OF NEW SHARES


Advanced Smartcard Technologies plc, ("SMRT") the Scottish based software group specialising in smartcard technology, is
pleased to announce that it has admitted 28,299,666 new shares in the company at 3 pence per share which raised
£848,990. The Placing was oversubscribed.

In addition to the Placing, two employees have exercised share options over 1,727,452 shares each making 3,454,904 new
shares in total. These shares have also been admitted to trading on AIM from today.

The proceeds of the placing will provide additional financial resources to further support the
Company's expansion as it continues to enhance product offerings and develop sales outlets for its smartcard software
products.

Since Admission in December 2005, SMRT has signed over £650,000 of new business and has a further strong pipeline of
sales prospects. Funds raised from this placing will be used to further develop three of the Company's key markets:
combating counterfeiting, biometric security systems and using smartcard systems as part of medical records management.
Anti-counterfeiting is a new market for the Company and it has now penetrated considerably further into the latter two
areas. The current funding will allow the Company to employ additional engineering and sales staff to manage and develop
new opportunities allowing SMRT to exploit these markets more fully.

David Braddock, Managing Director of Advanced Smartcard Technologies said:

"Since we came to the market in December, we have made encouraging progress in promoting our software products to a
number of customers.  We have already secured additional orders in our priority markets and the strengthening demand is
substantiating our market proposition.  We have a number of positive initiatives in the pipeline and we look forward to
updating shareholders on our continued progress soon."

SVS Securities is acting as Corporate Broker to the Company, ARM Corporate Finance is the Nominated Adviser.
-ends-


For further information contact:

Advanced Smartcard Technologies plc     01355 268521
David Braddock, Managing Director
Stephen Naylor, Finance Director

SVS Securities  020 7638 5600
Ian Callaway
Peter Manfield

cityPROFILE     020 7448 3244
Simon Courtenay

ARM Corporate Finance   020 7512 0191
Nick Harris

NOTES TO EDITORS

About Advanced Smartcard Technologies plc ("SMRT", "The Company")

Advanced Smartcard Technologies plc, through its wholly owned subsidiary Ecebs Limited, is a profit making, software
company operating in the dynamic and expanding smartcard arena. SMRT listed on AIM in December 2005.

The Company provides smartcard technology to a wide range of user markets including transport, ID, finance and local and
national government departments and blue-chip companies.