Issue of Equity

Monitise plc ("the Company")

Issue of Equity

The Company announces that it has applied for 298,550 ordinary shares of 1 p each ("Ordinary Shares") to be admitted to trading on AIM ("Admission") pursuant to the exercise of employee options. It is expected that Admission will occur on 21 November 2011.

Contacts:

Monitise Group Tel: 020 7947 4300

Tom Spurgeon, Finance Director and Company Secretary

Gavin Haycock, Communications Director

Evolution Securities Limited (NOMAD) Tel: 020 7071 4300

Garry Levin

Stuart Andrews

Tim Redfern

Canaccord Genuity Limited Tel: 020 7050 6500

Simon Bridges

FTI Consulting Tel: 020 7831 3113

Charles Palmer

Jon Snowball