Issue of Equity

RNS Number:7366P
March Networks Corporation
10 March 2008


10 March 2008


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


                     Issue of Equity and Directors Dealings


The Company has been informed that as of 6 March 2008 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
                                           issuance             issued
Ian        November 1, 2007 to January   March 6, 2008          1,329
McLaren    31, 2008
Alan Horn  November 1, 2007 to January   March 6, 2008          1,218
           31, 2008
Chris      November 1, 2007 to January   March 6, 2008          1,773
Burke      31, 2008
Simon      November 1, 2007 to January   March 6, 2008           997
Gibson     31, 2008


As a result of these transactions the Directors interests are as follows as of
March 6, 2008:

  Director     Number of Common     Number of shares      Number of
                 Shares held      held as a percentage  options held
                                     of the current
                                  issued share capital
Ian McLaren         33,545           0.195 per cent        11,600
Alan Horn           11,844           0.069 per cent         4,000
Chris Burke         9,520            0.055 per cent         7,250
Simon Gibson        2,658            0.015 per cent         7,333


Application has been made to AIM for the listing of the 5,317 Common Shares and
admission is expected to occur on 14 March 2007. The Common Shares will be
issued fully paid and will rank pari passu in all respects with the existing
issued Common Shares of the Company.



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