Issue of Equity

18 Jul 2007 15:38

Software Radio Technology plc ("SRT" or the "Company") Issue of Equity

The Directors of SRT announce that they have issued and allotted 90,000 new ordinary shares of 0.1p each in the Company as a result of the receipt of a notice of conversion of warrants in the Company at 40p per share.

Following the issue of the new shares, there are 89,000,892 ordinary shares of 0.1p of SRT in issue with each share carrying the right to one vote. There are 11,202,850 warrants to subscribe for ordinary shares in issue.

Application will be made for the new shares to be admitted to AIM. It is expected that admission will occur on 24 July 2007.

Enquiries:Software Radio Technology plc 01761 409500Simon Tucker / Matthew Rogers Hanson Westhouse Limited 0113 246 2610Tim Feather / Matthew Johnson