Issue of New Shares

1st Nov 2005 10:08

FOR IMMEDIATE RELEASE 31 October 2005 TIMESTRIP Plc ("Timestrip" or the "Company") ISSUE OF NEW ORDINARY SHARES Further to having received requests to exercise a total of 624,999 PlacingWarrants, Timestrip announces that the Company will issue 624,999 new OrdinaryShares of 0.02p each, (the "Shares").The Shares will rank, pari passu, with the existing Ordinary Shares in issueand application will be made for the Shares to be admitted to trading on AIM.Contact: Paul Freedman, Timestrip Plc on 01462 440700Roland Cornish, Beaumont Cornish Limited on 020 7628 3396ENDTIMESTRIP PLC

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