Issue of Equity

28 January 2013

ServicePower Technologies Plc

("ServicePower" or the "Company")

Issue of Equity

ServicePower Technologies Plc (AIM: SVR), a market leader in outsourced services and field management, today announces that further to the announcement on 24 January 2013 regarding the acquisition of Stratix Corporation's Software Division and its Field Service Mobile software ("the Acquisition"), 10,504,025 new ordinary shares of 1 penny each in the share capital of the Company have been issued and allotted ("New Ordinary Shares") as consideration for the Acquisition.



Application has been made for the New Ordinary Shares to be admitted to trading on AIM ("Admission"). Admission is expected to take place at 8.00 a.m. on 30 January 2013. Following Admission, the Company will have 200,030,324 ordinary shares of 1 penny each ("Ordinary Shares") in issue. There are no shares held in treasury.

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About ServicePower

ServicePower Technologies Plc is the only company that can provide a complete, global field management platform that controls all elements of the service lifecycle from offering an appointment, assigning resource and dispatching work through to tracking resources, processing claims and providing business intelligence and analytical reports. With advanced intelligence-based scheduling, dispatch and open market auction software, as well as access to a global network of 86,000 repair and installation technicians, we enable companies to control and schedule work using a mixed resource pool of employees and independent contractors. ServicePower provides solutions that cross all industries. Current customers include Assurant Solutions, Mitsubishi, Farmers Insurance, and Pitney Bowes.

ServicePower is listed on the AIM market of the London Stock Exchange with the ticker SVR.L.

For more information please visit www.servicepower.com