ITEL IT&E

RNS Number:7385M
IT&e Limited
29 January 2008

IT&e Limited

29 January 2008

                          Issue of Shares to Employees

IT&e Limited (ASX code: 'ITE' AIM: 'ITEL') announces that on 29 January 2008 it
has issued 30,000 Ordinary Shares of no par value. The shares are issued in
accordance with the IT&e Employee Share Acquisition Plan, approved by
shareholders on 30 November 2003, at nil consideration.

Following the issue of these 30,000 Ordinary Shares, the total number of
Ordinary Shares in issue now is 253,807,425.

Application has been made for the new shares to be admitted to trading on AIM
and this is expected to take place on 4 February 2008.

Enquiries/Additional Information:

IT&e Limited

James Maranis, CEO: +61 2 9236 9427
Oliver Carton, Company Secretary: +61 412 149 118

Grant Thornton Corporate Finance
Fiona Owen: +44 (0)20 7383 5100




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

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