Exercise of Options

Transense Technologies PLC
24 February 2000

The Directors announced that the Company has today issued 649,948 ordinary
shares of 10p each resulting from the Exercise of four Options as follows:

                      500,000 ordinary shares at 23p per share
                       30,000 ordinary shares at 25p per share
                      100,000 ordinary shares at 66.5p per share
                       19,948 ordinary shares at 80p per share