Quadnetics Group PLC (the "Company")
19 December 2006

Issue of Equity

During December  2005  and  January  2006  a  total  of  113,300  New
Quadnetics Shares were allotted to  holders of Protec Shares who  had
validly  accepted  the  offer  for  Protec.  These  allotments   were
announced via  the regulatory  news service  but no  application  for
trading was made at the time.

Application will be made to the  London Stock Exchange for these  New
Quadnetics Shares to be admitted to trading as soon as practicable.

ENDS

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Copyright � Hugin ASA 2006. All rights reserved.
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