RNS Number:4357U
Pursuit Dynamics PLC
21 January 2004

                      Pursuit Dynamics plc (the "Company")

                               Additional Listing


Pursuit Dynamics plc announces that 193,000 New Ordinary Shares of 1p each (the
"New Ordinary Shares") have been issued and allotted following an exercise of
options by employees pursuant to the Pursuit Dynamics Share Option Plan 2001.



Application has been made for the New Ordinary Shares, which will rank pari
passu with existing ordinary shares, to be admitted to trading on AIM, and
admission is expected to take place at 8a.m. on Monday 26 January 2004.



The Board has today granted the following options under the Pursuit Dynamics
Share Option Plan 2001, at an exercise price of 103p.


                      No. of options granted         Total no. of options following the grant
Gary Pyle                        255,000                                   330,000
Stephen Mahon                    150,000                                   330,000



Following the granting of the options detailed above, the details of options
over the Company's Ordinary shares held by directors under the share option
scheme (the 'Share Option Plan') are as follows:


                                      Options at                                                Options at

                                       1 October               Date of       Options   Exercise   20 January
                                            2003                 grant       granted      price         2004
Ronald C Trenter                         708,079           14 May 2001                      50p      708,079
Ronald C Trenter                         245,873          10 June 2002                    24.5p      245,873
John G M Heathcote                       354,039           14 May 2001                      50p      345,039
John G M Heathcote                       245,961          08 July 2003                      37p      245,961
John H Clarke                            177,019           14 May 2001                      50p      177,019
Gary S Pyle                               50,000          10 June 2002                    24.5p       50,000
Gary S Pyle                               25,000          21 July 2003                    43.5p       25,000
Gary S Pyle                                    -       20 January 2004       255,000       103p      255,000
Peter Taylor                             345,039           14 May 2001                      50p      345,039
Peter Taylor                             127,810          10 June 2002                    24.5p      127,810
Peter Taylor                              68,151          08 July 2003                      37p       68,151
Stephen Mahon                            180,000       20 January 2004       150,000       103p      330,000



Enquiries:

J Heathcote
CEO - Pursuit Dynamics plc                                   01763 250592

Gary Pyle
CFO - Pursuit Dynamics plc                                   01763 250592

Anthony Schia
Durlacher Limited                                            020 7459 3600



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