Arrangements relating to shares held by Boostt BV

Telit Communications plc ("Telit" or the "Company")

Arrangements relating to shares held by Boostt B.V. ("Boostt")

Telit has been informed that, further to the disclosure in the Shareholder Circular dated 28 January 2011, the following changes have occurred in the liens held over ordinary shares ("Shares") of the Company owned by Boostt:

·; On 15 February 2011, Boostt completed the payments in favour of Polar Investments Ltd. ("Polar") concerning the Shares purchased from Polar in May 2007. The payments were completed as a result of funds lent to Boostt by Mr. Enrico Testa (Chairman of Telit's Board of Directors and a Director of Boostt). Consequently the 6 million Shares held in escrow by Polar were released from escrow and the charge in relation to them was removed.

·; On 9 March 2011, those 6 million shares held by Boostt against which the shareholders of Boostt had registered a charge were released from the charge by Boostt's shareholders, for no consideration;

·; On 10 March 2011, following receipt of the loan of funds prior to 15 February from Mr. Enrico Testa to fund the payments then due to Polar, Boostt charged 6 million Shares in favour of Mr. Enrico Testa.

·; On 27 April 2011 1,500,000 Shares that had been held in escrow in favour of related parties of Boostt following a loan to Boostt from said related parties since 10 January 2011 (which had been used to partially repay a loan from a third party lender) were released from escrow, following partial repayment of the loan.

·; On 3 June 2011, the additional 1,500,000 Shares that had been held in escrow in favour of the same related parties of Boostt since 10 January 2011 (which had been used to partially repay a loan from a third party lender) were released from escrow, following partial repayment of the loan.

As at the date of this announcement and as a consequence of the actions described above, of the 19,980,357 Shares held by Boostt, the following charges are in place:

·; 6.6 million Shares are charged in favour of the third party lender; and

·; 6.0 million Shares are charged in favour of Mr. Enrico Testa,

together, the "Pledged Shares".

Under the terms of the charges, title to the Pledged Shares can be transferred to the third party lender and to Mr. Testa (each, according to the number of shares pledged) following the occurrence of certain events including, but not limited to, a default event on the financing provided by such parties.

In total, Boostt has an interest in 19,980,357 ordinary shares in the Company, representing approximately 19.46 per cent. of the Company's issued share capital of 102,655,769 ordinary shares. The Pledged Shares represent approximately 12.3 per cent. of the Company's issued share capital.

Enquiries:

Telit Communications PLC +39 06 420 4601

Oozi Cats, CEO

[email protected]

Investec +44 20 7597 4000

Andrew Pinder

Patrick Robb

Dominic Emery