Issue of Equity

ADVANCED SMARTCARD TECHNOLOGIES

ADMISSION OF NEW SHARES

Advanced Smartcard Technologies plc, (SMRT) the Scottish based software group specialising in smartcard technology,
announces that it has issued 5,701,754 new shares in the Company. These shares were issued in settlement of professional
fees and were purchased for cash at the nominal value of the shares. An application has been made for these shares to be
admitted to trading on AIM from Wednesday 29 March 2006.

-ends-


Date: 28 March 2006
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 Harriss