Exercise of Options

Nasstar plc

("Nasstar" or the "Company")

Exercise of Options

Nasstar, the cloud service provider, announces that 300,000 ordinary shares of 1 penny each in the share capital of the Company ("Ordinary Shares") have been allotted pursuant to the exercise of share options by a former employee.

Application has been made for the 300,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence on 4 June 2014. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.

The total number of Ordinary Shares in issue following Admission will be 353,960,053. There are no Ordinary Shares held in Treasury. Accordingly, the figure of 353,960,053 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.

Enquiries:

Nasstar Plc 01952 225 000

Nigel Redwood - Chief Executive Officer

Niki Redwood - Finance Director

finnCap Limited (Nominated Adviser & Broker) 020 7220 0500

Julian Blunt - Corporate finance

Victoria Bates - Corporate broking

About Nasstar plc

Nasstar (www.nasstar.com) and its wholly owned subsidiary e-know.net (www.e-know.net) provide hosted desktop and hosted exchange cloud computing services that enable subscribers to access their corporate desktop, files, applications and email 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 (AIM:NASA) was founded in 1998, admitted to AIM in December 2005 and acquired e-know.net in a reverse takeover in January 2014.

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