Re Agreement

Transense Technologies PLC
13 June 2001


On behalf of:      Transense Technologies plc
Date:              13 June 2001


Licence agreement with Michelin


Transense Technologies plc (Transense) announced today that it has signed a
worldwide licensing agreement with Societe de Technologie Michelin (STM) based
in France.  This agreement grants STM the exclusive use of Transense Surface
Acoustic Wave (SAW) technology in its tyres.  The agreement also gives the
tyre manufacturer exclusive rights to license the technology to other tyre
companies.

Transense develops and patents technology for a range of non-contact sensors,
torque transducers that enable electric power assisted steering, tyre pressure
monitors and sensors for other automotive applications to be introduced into
motor vehicles.


For further information, please contact:

Jim Perry, Chief Executive
Transense Technologies plc                          01869 238 030

John Mellett
Graeme Bayley
HSBC Investment Bank plc                            0207 336 9000

John Coyle
Clerkenwell Communications                          0207 713 0900
                                                    07770 687 370
                                                    07699 727 796 (pager)