NASA.L Regulatory News (NASA)

3 May 2013

Nasstar plc

("Nasstar" or the "Company")

Director dealing and grant of options

Nasstar (AIM: NASA), the Hosted Desktop cloud computing provider, announces that on 1 and 2 May 2013 Angus McCaffery, a non-executive Director of Nasstar, purchased 179,100 ordinary shares of 1p each in the Company at an average price of 11.087p per share. Following this acquisition, Mr McCaffery has a beneficial interest in 179,100 ordinary shares in Nasstar, equivalent to 0.29% of the Company's total issued share capital.

The Company also announces that it has today granted 1,000,000 share options (the "Options") to Mr McCaffery under the Company's unapproved share option scheme ("Option Scheme") at an exercise price of 10.5p per option. Under the terms of the Option Scheme, save for certain circumstances such as take-over, the Options may be exercised two years after the date of grant. Of the Options, 500,000 are subject to an additional vesting condition that they may only be exercised if the share price is 30p or higher. The Options represent 1.62% of the issued share capital of 61,760,053.

About Nasstar plc

Nasstar (www.nasstar.com) provides Hosted Desktop, a cloud computing service that enables subscribers to access their desktop, applications and data in the cloud rather than using local hard drives. Hosted Desktop is a highly scalable service that provides benefits including anywhere access to computing, a standardised corporate desktop solution that can be accessed globally and in multiple languages and cost savings when compared to the traditional IT ownership model, replacing capital expenditure with a simple usage based payment model.

Nasstar was founded in 1998 by Charles Black. Nasstar plc was admitted to trading on the London Stock Exchange Alternative Investment Market in December 2005 (AIM: NASA).