Suspension of Shares

APPLIED TECHNOLOGY MONITORING PLC SUSPENSION OF ORDINARY SHARES OF 1 PENCE EACH; CESSATION OF TRADING Applied Technology Monitoring Plc (the "Company") yesterday morning (28 October 2008) requested trade in its shares on PLUSMarkets to be suspended and the shares were suspended at 11.51 a. m. The Company announces with regret that, following its Open Offer dated 30 September 2008, which attracted insufficient demand from shareholders to justify the Company allotting shares to those shareholders who subscribed, the Directors took professional advice and have concluded that the Company has insufficient financial resources to continue trading. In order not to risk the Company's trading wrongfully contrary to the provisions of S214 of the Insolvency Act 1986, the Directors resolved to cause the Company to cease trading forthwith and to apply to the High Court for permission to appoint a receiver. Accordingly, today (29 October 2008), a hearing will occur before the High Court in Birmingham and, following the period required by law to allow for objections from certain classes of creditor, a receiver will be appointed to realise the Company's assets or to seek to dispose of the Company's business and to pay creditors to the extent available from the sale of assets or from the disposal of its business. No shares have been allotted pursuant to the Open Offer dated 30 September 2008 and all funds subscribed by shareholders will accordingly be returned in full to the remitters by the receiving agent. A further announcement will be made in due course. By order of the Board, Peter Phillips, Company Secretary 29 October 2008 Enquiries: Applied Technology Monitoring Plc; +44 (0) 191 229 5720 ENDS. ND