Exercise of Options

Pursuit Dynamics PLC

("Pursuit" or "the Company")

Exercise of Options

Pursuit Dynamics PLC (AIM: PDX), the developer and exploiter of the PDX platform technology, announces that options have been exercised by employees over 40,363 new ordinary shares of 1p each in the Company ("Ordinary Shares"). The 40,363 Ordinary Shares will not carry an entitlement to subscribe under the Rights Issue. Application has been made to the London Stock Exchange for these Ordinary Shares to be admitted to trading on AIM, which is expected to take place on 9th March 2012.

Following admission, the Company will have 75,103,626 Ordinary Shares in issue. This figure does not include the shares issued pursuant to the Rights Issue.

For Further Information, please contact:

Pursuit Dynamics PLC

Jeremy Pelczer, Interim Chief Executive Tel: +44 (0)1480 422050

Richard Webster, Chief Financial Officer

M: Communications

Elly Williamson Tel: +44 (0)20 7920 2339

Cenkos Securities plcIan Soanes / Max Hartley Tel: +44 (0)20 7397 8924

Mirabaud Securities LLP

Rory Scott Tel: +44 (0)207 878 3360