TAD Tadpole Tech.

RNS Number:6456T
Tadpole Technology PLC
04 November 2005


                     Tadpole Technology plc (the "Company")

                             Issue of Equity

The Company today announces the issue of 8,683,279 1p Ordinary Shares at a price
of 3.25p, pursuant to the issue of the holdback shares in relation to the
acquisition of StreamTheory Inc. This issue follows the allotment of the initial
consideration of 78,149,510 1p Ordinary Shares on 20 October 2004. Details of
this transaction were circulated to shareholders on 24 September 2004, and the
acquisition was approved by shareholders at the EGM of 12 October 2004.

As part of this issue Mr Steig Westerberg, an executive director of the Company,
receives 2,412,029 1p Ordinary Shares. Following this transaction Mr Westerberg
has a beneficial interest in 20,941,942 Ordinary Shares, representing 5.26 per
cent in the ordinary share capital of the Company. In addition Mr John Dilts, a
non-executive director of the Company receives 112,595 1p Ordinary Shares, and
Dilts Ventures LLP receives 88,298 1p Ordinary Shares. Following this
transaction Mr Dilts has a beneficial interest in 200,893 1p Ordinary Shares
representing 0.05 per cent in the ordinary share capital of the Company.

The Company further announces the issue of 15,000 1p Ordinary Shares at 4.75p,
pursuant to the exercise of employee options.

Application has been made to the UK Listing Authority for the 8,698,279 Ordinary
Shares to be admitted to the Official List and to the London Stock Exchange for
these shares to be admitted to trading. These shares will rank pari passu with
the existing ordinary shares of the Company and dealings are expected to
commence on 11 November 2005.

4th November 2005



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

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