10 September 2008

TRAKM8 HOLDINGS PLC

("Trakm8" or "the Company")

Directorate Change

Trakm8 Holdings PLC today announces that, by mutual consent, Cary Paul Knapton is standing down as Chief Executive Officer and will leave the Company with immediate effect.  

The Board has appointed John Ferris Watkins, currently Executive Chairman of Omitec Group Limited and a non-Executive Director of the Company as interim Chief Executive Officer pending the appointment of a permanent replacement.

Dawson Buck, Chairman, stated, "The Board thanks Cary for his efforts over the last seven years and wishes him and his family every success in the future."

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