Rule 2.10 Announcement

Advanced Smartcard Technologies plc 26 June 2007 Advanced Smartcard Technologies plc ("AST" or the "Company") Rule 2.10 Announcement Relevant Securities in Issue In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, AST confirms that it currently has 239,800,052 ordinary 0.03 pence shares in issue (ISIN: GB00B0SR9F04). Dealing Disclosure Requirements Under the provisions of Rule 8.3 of the Takeover Code, if any person is, or becomes, 'interested' (directly or indirectly) in 1 per cent. or more of any class of 'relevant securities' of AST, all 'dealings' in any 'relevant securities' of that company (including by means of an option in respect of, or a derivative referenced to, any such 'relevant securities') must be publicly disclosed by no later than 3.30pm (London time) on the London business day following the date of the relevant transaction. This requirement will continue until the date on which any offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the 'offer period' otherwise ends. If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire an 'interest' in 'relevant securities' of AST, they will be deemed to be a single person for the purpose of Rule 8.3. Under the provisions of Rule 8.1 of the Takeover Code, all 'dealings' in ' relevant securities' of AST by AST or any of its 'associates' must be disclosed by no later than 12.00 noon (London time) on the London business day following the date of the relevant transaction. A disclosure table, giving details of the companies in whose 'relevant securities' 'dealings' should be disclosed, and the number of such securities in issue, can be found on the Takeover Panel's website at www.thetakeoverpanel.org.uk. 'Interests in securities' arise, in summary, when a person has long economic exposure, whether conditional or absolute, to changes in the price of securities. In particular, a person will be treated as having an 'interest' by virtue of the ownership or control of securities, or by virtue of any option in respect of, or derivative referenced to, securities. Terms in quotation marks are defined in the Takeover Code, which can also be found on the Panel's website. If you are in any doubt as to whether or not you are required to disclose a 'dealing' under Rule 8, you should consult the Takeover Panel. Contact details: Advanced Smartcard Technologies plc 01355 813430 Tom Doyle, Non Executive Chairman Stephen Naylor, Finance Director Altium Capital Limited 0161 831 9133 Phil Adams/Adrian Reed This information is provided by RNS The company news service from the London Stock Exchange
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