Conversion of Securities

Trakm8 Holdings PLC
07 January 2008




                               TRAKM8 HOLDINGS PLC
                            ("Trakm8" or "the Group")

                            CONVERSION OF LOAN STOCK

Trakm8, (AIM: TRAK), one of the UK's leading telematics technology and service
providers to the global vehicle tracking and security markets, is pleased to
announce that application has been made for the admission ("Admission") to
trading on AIM for 2,044,610 additional new ordinary shares of 1p each in the
Company ("Shares") following the receipt of notices to exercise from the holders
of the Loan Stock.

The total value of the Loan Stock is £522,500 (inclusive of £22,500 accrued
interest). All Loan Stock will be converted to new ordinary shares of 1p each.
Under the terms of the Loan Stock Agreement, the conversion price has been
calculated by reference to a price of 26.9p per Share, resulting in a conversion
price of 25.55p per share.

Upon issue, the new Shares will rank pari passu with the Company's existing
issued Shares, and dealings are expected to commence on 10th January 2008.


DIRECTORS' INTERESTS

Mr J Watkins, non-executive Director, has an interest through his SIPP in
£272,000 nominal of the Loan Stock being converted. Mr J Watkins did not hold
any shares in the Group prior to this announcement. Following Admission Mr
Watkins' interest will comprise 1,066,328 Shares, representing approximately
7.9% of the Group's enlarged issued share capital.

Mr C Knapton, executive Director's direct interest will remain at 1,372,791
Shares. In addition Mr C Knapton holds a beneficial interest in 212,374 Shares
through a SIPP and his spouse holds a direct interest in 131,856 Shares giving a
total interest in 12.7% of the Company's enlarged share capital.

Mr M Cowley, executive Director's interest will remain at 773,178 Shares and
will now represent approximately 5.72% of the Company's enlarged issued share
capital.

Mr T Cowley, executive Director's interest will remain at 759,756 Shares and
will now represent approximately 5.62% of the Company's enlarged issued share
capital.

Mr T Couling, executive Director's interest will remain at 37,520 Shares and
will now represent approximately 0.28% of the Company's enlarged issued share
capital.


TOTAL VOTING RIGHTS

Following Admission, the Company's enlarged issued share capital will
comprise 13,517,033 ordinary shares with voting rights. The Company does not
hold any shares in treasury. This figure of 13,517,033 ordinary shares may be
used by shareholders in the Company as the denominator for the calculations by
which they will determine if they are required to notify their interest in, or a
change in their interest in, the share capital of the Company under the FSA's
Disclosure and Transparency Rules.

END


For further information please contact:

Trakm8 Holdings PLC                                                0870 380 0531
Cary Knapton, Chief Executive Officer                      
Tim Couling, Finance Director    

Arbuthnot Securities                                               020 7012 2000
Paul Vanstone

Tavistock Communications                                           020 7920 3150
Simon Hudson
Paul Youens


About Trakm8

Trakm8, based in Shaftesbury, Dorset is a leading technology provider, designer
and developer of hardware and software to the vehicle tracking and security
market. The Company distributes its hardware and software worldwide through a
network of distributors. In addition, the Company provides ASP vehicle
monitoring and tracking services direct to the B2B market. Trakm8's products
allow vehicles and drivers to be monitored, allowing organisations to manage
deliveries and services, or track stolen vehicles down to 5 metres.




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