RNS Number:4304U
March Networks Corporation
04 April 2007


4 April 2007

             March Networks Corporation ("March" or the "Company")


                    Issue of Equity and Directors Holdings


The Company has been informed that as of April 3, 2007 the following issues of
equity common shares ("Common Shares") have occurred in relation to payment of
Director's fees in lieu of cash compensation:

Director Period of Services            Date of        Number of Common Shares issued
                                       issuance

Terence   Jan. 3, 2007 to Apr. 2, 2007  Apr. 3, 2007                           1,367
Matthews

Chris     Jan. 3, 2007 to Apr. 2, 2007  Apr. 3, 2007                             911
Burke

Alan      Jan. 3, 2007 to Apr. 2, 2007  Apr. 3, 2007                             626
Horn

David     Jan. 3, 2007 to Apr. 2, 2007  Apr. 3, 2007                             626
Homer

Ian       Jan. 3, 2007 to Apr. 2, 2007  Apr. 3, 2007                             683
McLaren

Simon     Jan. 3, 2007 to Apr. 2, 2007  Apr. 3, 2007                             512
Gibson


As a result of these transactions the Directors interests, as of April 3 2007,
are as follows:

Director                   Number of Common  Number of shares held as   Number of options
                                Shares held       a percentage of the               held
                                                 current issued share
                                                              capital

Terry Matthews                    3,153,909                    18.72%             10,032

Chris Burke                           7,747                    0.046%              5,250

Alan Horn                               953                    0.006%              2,000

David Homer                           2,033                    0.012%              6,000

Ian McLaren                          32,216                    0.191%             12,400

Simon Gibson                          1,661                     0.01%              5,333



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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