Exercise of Options

Seeing Machines Limited 20 January 2006 20 January 2006 EXERCISE OF OPTIONS Seeing Machines Limited (the 'Company') The Company announces that on 19 January 2006 it issued and allotted 495,049 new ordinary shares, following the exercise of options under the Employee Share Scheme. The exercise price for these options is A$0.0513 per share. Following the issue of these shares the issued ordinary share capital of the Company will be 255,872,532. Application will be made for the new ordinary shares to be admitted to AIM, which is expected to commence on 26 January 2006. Enquiries: Seeing Machines Limited Insinger de Beaufort Parkgreen Communications Nick Cerneaz, CEO Simon Fox Justine Howarth / Victoria Thomas +61 (0) 2 6125 6501 +44 (0) 20 7190 7018 +44 (0) 20 7493 3713 www.seeingmachines.com This information is provided by RNS The company news service from the London Stock Exchange