IMO.L Regulatory News (IMO)

For Immediate Release 10 December 2014

IMImobile PLC

("IMImobile" or the "Company")

Exercise of Options

IMImobile announces that application has been made for the admission to AIM of 45,000 new ordinary shares of 10p each in the Company ("Ordinary Shares") at a price of 29p each, pursuant to the exercise of options. The new Ordinary Shares rank pari passu with the Company's existing issued Ordinary Shares, and dealings are expected to commence on or around 16 December 2014.

Following Admission, the Company's enlarged issued share capital will comprise 48,036,864. The Company holds zero shares in treasury. In addition, there are 11,299,599 Ordinary Shares which are issuable upon the exercise of rights set out in the Relationship Agreements as described in paragraphs 13.5 and 13.6 of Part IV of the Admission Document. Until such time as these options are exercised, the voting rights equal to the number of shares issuable under those options can be exercised through B Shares that have been issued for this purpose. The B Shares have no other rights attached to them other than the voting rights described above.

Therefore, when calculating voting rights, shareholders should use the figure of 59,336,463 as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Enquiries:

Whitman Howard - Joint Broker Tel: +44 (0)207 087 4556

Ranald McGregor-Smith

WH Ireland - Joint Broker Tel: +44 (0)207 220 1666

Adrian Hadden