Bonus Issue

Transense Technologies PLC 4 October 2001 4 October 2001 Transense Technologies plc - Bonus Issue Transense Technologies plc ('the Company') announces today that the Bonus Issue approved by shareholders at an extraordinary general meeting of the Company held on 27 September 2001 ('the EGM') was successfully completed. Pursuant to the Bonus Issue, 37,846,413 new ordinary shares of 10p each in the capital of the Company ('the Bonus Shares') have been admitted to trading on the Alternative Investment Market of London Stock Exchange plc ('AIM') with immediate effect. In addition, 195,122 new ordinary shares of 10p each relating to the placing announced subsequent to the EGM on 2 October 2001 ('the Placing') have been admitted to trading on AIM with immediate effect, to which 585,366 of the Bonus Shares referred to above relate. As at today's date, there are now 50,461,884 ordinary shares of 10p each in the capital of the Company in issue. For further information, please contact: Jim Perry, Chief Executive 01869 238 380 Transense Technologies plc www.transense.co.uk John Coyle 020 7713 0900 Clerkenwell Communications 07770 687 370 07699 727 796 (pager) END