Exercise of Share Options

2 March 2010

                                           Allocate Software plc
                                       ("Allocate" or "the Company")

                                         Exercise of Share Options

On  26  February  2010,  the  Company issued 75,622 ordinary shares of 5  pence  each  ("Ordinary  Shares")
following  the  exercise of options under the Company's Approved and Enterprise Management Incentive  share
option schemes.

Application has been made for the Ordinary Shares to be admitted to AIM, with trading expected to  commence
on  5  March 2010 ("Admission").  Upon Admission, the shares will rank pari passu in all respects with  the
existing Ordinary Shares of the Company.

After admission of these new shares, Allocate Software plc will have 60,384,149 Ordinary Shares in issue.

Enquiries:

Allocate Software                                                   
Simon Thorne - Group Finance Director                               Tel: [phone]

Numis Securities                                                    
Nominated adviser - Michael Meade / Brent Nabbs                     Tel: [phone]
Corporate Broking - James Black

Hansard Communications                                              Tel: [phone]
Justine James                                                       
Kirsty Corcoran

About Allocate Software

Allocate  Software plc is the leading workforce optimisation software applications provider for  world-wide
organisations with large, multi-skilled workforces.  With a blue chip client base spanning the  public  and
private sector, its key vertical markets include: Healthcare, Defence, Maritime and Government & Education.

At  the core of the business is Allocate's workforce optimisation software application, which organisations
use to deploy the right people with the right skills, to the right place at the right time.

Headquartered  in  London, Allocate provides services and support to its increasing international  customer
base through regional offices in the UK, Sweden, USA, Australia and Malaysia.

Allocate Software is quoted on the London Stock Exchange (AIM: ALL).   For further information please visit
www.allocatesoftware.com.

Allocate Software plc