For immediate release     28 October 2010
              Transense Technologies PLC
             ("Transense" or the "Company")
Award of Options
The Company announces that the following new share options have been awarded to
a Board member.
Options over 875,000 ordinary shares of 1 pence each in the Company ("Ordinary
Shares")Â under the Transense 2008 Enterprise Management Incentive Option
Scheme ("the Scheme") were granted yesterday to Graham Storey (CEO).
The options provide the right to subscribe for Ordinary Shares at an exercise
price of £0.05 per Ordinary Share if the Company's share price reaches £0.14;
the option is exercisable as set out below:
  Strike
Director   Shares   Exercise Price Price   Exercise Term
  Oct -
Graham Storey   875,000   £0.05   £0.14 2011 Oct - 2015
The capital reconstruction which was required to implement the recent
fundraising in July 2010 was a "disqualifying event" for the purposes of the
then existing options granted under the Scheme. Consequently all such options
were surrendered on the basis that options would subsequently be granted to
affected employees on no less favourable bases than those surrendered.
Following the conclusion of the recently announced joint venture with
SenGenuity, this is the first opportunity that the Company has had to grant
replacement options outside a close period.
The Remuneration Committee has resolved to grant these options on the terms set
out above. In addition to the options granted to Graham Storey, options on
similar terms were also granted to all key members of staff.
For more information, please contact:
Transense Technologies PLC Â Â Â Â Â Â Â Â Â Â Tel: +44 (0) 1869 238 380
Graham Storey, Chief Executive
Brewin Dolphin - Nomad
Neil Baldwin                  Tel: +44 (0) 845 213 4726
Hybridan LLP - Broker
Claire Noyce                  Tel: +44 (0) 207 947 4350
Peckwater PR
Tarquin Edwards                Tel: +44 (0)7879 458 364
                       tarquin.edwards@peckwaterpr.co.uk
[HUG#1456784]
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Source: Transense Technologies plc via Thomson Reuters ONE
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