Exercise of Options

1 December 2011

Monitise plc

(the "Company")

Exercise of Options

The Company announces that it has today received notification that Mr. Alastair Lukies, the Chief Executive Officer of the Company and Mr. Lee Cameron, the Chief Commercial Officer of the Company, have today both exercised 126,315 options over ordinary shares of 1 pence each in the Company ("Ordinary Shares") at an exercise price of 7.6 pence per Ordinary Share. The options exercised were granted under the Company's Inland Revenue Approved Sharesave Scheme in October 2008.

Following these exercises, Mr. Lukies continues to be interested in a total 15,624,752 Ordinary Shares and options, and Mr. Cameron continues to be interested in a total of 6,024,264 Ordinary Shares and options. Mr. Lukies' total interest is split between an increased holding of 2,593,062 Ordinary Shares, representing approximately 0.32 per cent. of the Company's issued share capital, and 13,031,690 options over Ordinary Shares. Mr. Cameron's total interest is split between an increased holding of 554,306 Ordinary Shares, representing approximately 0.07 per cent. of the Company's issued share capital, and 5,469,958 options over Ordinary Shares.

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

Canaccord Genuity Limited Tel: 020 7050 6500

Simon Bridges

FTI Consulting Tel: 020 7831 3113

Charles Palmer

Jon Snowball