Issue of Shares

Quadnetics Group PLC 16 May 2005 QUADNETICS GROUP PLC (the 'Company') 16 MAY 2005 ISSUE OF SHARES Further to the announcement made on 22 April 2005 concerning the acquisition of Alphapoint LLC, the Company announces that it has today allotted, conditional upon completion, 99,579 new ordinary shares in the Company. Application will be made for these shares to be admitted to AIM and it is expected that Admission will occur on 25 May 2005. ENDS This information is provided by RNS The company news service from the London Stock Exchange