Issue of Equity

RNS Number:1247U
Qonnectis plc
09 May 2008



                                 Qonnectis plc
                                (the "Company")

                                Issue of Equity


The Board of Qonnectis plc ("Qonnectis" or "the Company"), the data monitoring
service provider for utilities and users of energy and water, announces that,
pursuant to the announcement made on 23 April 2008, it has issued and allotted
25,000,000 ordinary shares to or at the direction of Security Change Limited in
final settlement of the Company's obligations under the convertible loan
agreement, details of which were announced on 29 August 2007 (the "Security
Change Shares").


Application has been made to The London Stock Exchange for the Security Change
Shares, which will rank pari-passu with the existing ordinary shares in issue,
to be admitted to AIM, and admission is expected to become effective on 15 May
2008.


The total number of ordinary shares in issue following the issue of the Security
Change Shares is 393,608,023.


                                                                      9 May 2008

For further information, please contact:

Qonnectis plc
Michael Tapia, Chief Executive                                      01932 788299

HB Corporate
Edward Hutton                                                      020 7510 8600

Bankside Consultants
Michael Padley / Louise Davis                                      020 7367 8888






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

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