Issue of Options

24 September 2014

ServicePower Technologies plc

("ServicePower" or the "Company")

Issue of Options

ServicePower (AIM: SVR), a market leader for outsourced service and field management, announces that on 23 September 2014 Tajinder Sandhu, CFO, was granted 750,000 options to subscribe for ordinary shares of 1p each in the Company ("Ordinary Shares") ("Options").

The Options have an exercise price of 6.88p per Ordinary Share, being the closing mid-market price on the day prior to grant. The Options vest and may be exercised after 31 December 2014. The Options detailed above are part of a re-grant of previously returned Options as detailed in the Company's announcement of 13 December 2013.

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About ServicePower

ServicePower, the acknowledged leader in OptimisationTechnology, provides an innovative global, fully mobilised field service management software platform used by field service organisations such as Assurant Solutions, Mitsubishi, Farmers Insurance, AIG Warranty and Pitney Bowes to improve productivity and efficiency, intelligently schedule appointments, SLA and complex jobs, as well as parts. Our platform focuses on solving fundamental field service problems with patented routing optimisation, M2M connected services, 3rd party dispatch and warranty claim payments, cutting edge mobile technology, robust business intelligence and asset tracking.

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