Placing

RNS Number:4055P
ID Data PLC
04 September 2003


                    ID Data plc ("ID Data" or the "Company")

                                   Placing


On 1 August 2003, ID Data announced that it had raised an initial #2 million and
that it was seeking to raise a further #1 million.  ID Data is pleased to
announce today that subsequent to the resolutions being passed at the Company's
AGM and EGM held earlier today, that it has raised a further #1 million before
expenses through the issue of secured convertible loan notes 2008 ("Loan Notes")
and the issue of new ordinary shares to institutional investors.  This brings
the total funds raised by the Company since the 1 August 2003 to #3 million.

Peter Cox, ID Data's Chief Executive Officer today commented "This is good news
for ID Data and will allow us to focus on winning new business and growing the
Company. I hope to have news on further developments in the near future."

The fundraising comprises an issue of 13,323,077 new ordinary shares at 3.25p
per share providing #0.4 million additional funds and an issue of Loan Notes for
#0.6 million. ID Data is aware that the issue price of 3.25p represents a
significant discount to the Company's current share price, however the
fundraising was agreed in principle over the two weeks prior to this
announcement and the Company has been unable to issue shares until after the
resolutions at today's AGM and EGM were passed. The directors confirm that the
agreed issue price was the closing mid-market share price of the Company's
shares on the date prior to the date on which the investors agreed in principle
to participate in this fundraising.

ID Data is also pleased to welcome two new institutional stakeholders, namely
Artemis Investment Management Limited who have acquired 7,692,307 new ordinary
shares and #0.25 million of Loan Notes and Noble Fund Managers who have acquired
4,615,385 new ordinary shares and #0.15 million of Loan Notes.

The proceeds of the issue of Loan Notes and new ordinary shares will provide
additional working capital to allow expansion of the business. Following today's
issue of Loan Notes, ID Data has issued in total #2.34 million of Loan Notes to
date. The Company has the authority to issue Loan Notes up to #4 million at any
time prior to 31 March 2004.

Application has been made for the new ordinary shares, which will rank pari
passu with existing ordinary shares, to be admitted to trading on the
Alternative Investment Market of the London Stock Exchange. Admission will
become effective and dealings are expected to commence at 8.00am on Tuesday 9
September 2003.

As required by rule 15 of the AIM Rules the following information falls to be
disclosed:

Artemis Investment Management Limited 7,692,307 ordinary shares representing
3.59 per cent. of the Company's issued share capital.


For further information please contact:

ID Data plc
Peter Cox, Chief Executive                                 01536 207 000
Email: [e-mail]


Media enquiries:

Bankside
Peter Curtain / Heather Salmond                            020 7444 4140
Email: [e-mail]






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