Issue of Equity

Quadnetics Group PLC
24 February 2003

Quadnetics Group PLC (the 'Company')
24 February 2003

Issue of Shares

Quadnetics Group plc, a leader in the design, integration and control of
advanced CCTV and networked video systems, announces that, following the
exercise of share options by a former director, the Board has today issued and
allotted 50,000 new ordinary shares of 20 pence.

As a result of this exercise, the enlarged ordinary share capital of the Company
now consists of 7,477,756 ordinary shares.

Application has been made for all the new shares to be admitted to AIM and
trading in the new shares is expected to commence on or around 28 February 2003.

ENDS

For further information please contact:

Quadnetics Group plc
Nigel Poultney, Finance Director                       01527 850 080

Brewin Dolphin Securities
Neil Baldwin                                           0113 241 0126

Media enquiries:

Bankside Consultants Limited
Ariane Vacher                                          020 7444 4143



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