Issue of Equity - Options Exercise

ViaLogy plc

("the Company")

Exercise of Options & TVR

The Company has allotted and issued 288,144 ordinary shares of 1 penny each in the capital of the Company following the exercise of options held by a former employee of ViaLogy LLC, the Company's wholly owned subsidiary.

The Company has made application for the 288,144 new ordinary shares of 1 penny each to be admitted to trading on AIM. Admission is expected to occur on 16 May 2012.

For the purposes of the Disclosure and Transparency Rules, the Company's total issued share capital at the date of this notice consists of 852,243,274 ordinary shares of 1 penny each.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure and Transparency Rules.

For Further Information please contact:

ViaLogyMark Collingbourne, CFO +44 (0) 1620 810 183

Nominated Advisor (Seymour Pierce)Mark Percy/Catherine Leftley +44 (0) 207 107 8000