Trakm8 Holdings PLC
02 April 2007

Trakm8 Holdings PLC

2 April 2007

                               TRAKM8 HOLDINGS PLC
                           ("Trakm8" or "the Group")

Trakm8, the AIM-listed designer and developer of licensed GPRS based hardware
and software for the vehicle placement and security market, today announces an
update to trading as a consequence of product rectification and preventative
activity.

A technical issue with one of Trakm8's externally sourced components affecting 
a limited number of around one thousand hardware units has necessitated an
engineer visit to affected units for corrective and/or preventative measures.
The Directors are confident that the action being taken will remedy the fault
whilst minimising customer disruption. Newly launched Trakm8 SWIFT hardware
units are unaffected.

Consequently Trakm8 has incurred and will be making necessary provisions for the
rectification expenditure that will have a detrimental impact on the financial
results for the year ending 31 March 2007. Trakm8 are in discussions with the
supplier to remedy the financial losses incurred and all unaffected aspects of
trading activity are performing in line with the Directors' expectations.

- Ends -

For further information please contact:

Trakm8 plc                                0870 380 0531
Cary Knapton, Chief Executive Officer
Tim Couling, Finance Director

Tavistock Communications                  020 7920 3150
Simon Hudson

Arbuthnot Securities                      020 7012 2000
Graham Swindells
Paul Vanstone

About Trakm8

Trakm8, based in Shaftesbury, Dorset is the leading technology provider,
designer and developer of GPRS based hardware and software to the vehicle
tracking and security market. The Company distributes its hardware and software
worldwide through a network of distributors. In addition the Company provides
ASP vehicle monitoring and tracking services direct to the B2B market. Trakm8's
products allow vehicles and drivers to be monitored, allowing organisations to
manage deliveries and services, or track stolen vehicles down to 5 metres.


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