3 July 2012

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

Psion plc

ISSUE OF NEW ORDINARY SHARES BY PSION PLC ("Psion " or the "Company")

Psion plc announces that on 27 June 2012, the Company issued 760,000 ordinary shares of 15 pence each in the Company in order to satisfy vested options.

This issue was to satisfy 760,000 options at an exercise price of 68.0 pence, granted under the Psion 1996 Executive Share Option Scheme and the Psion Portfolio Long-Term Share Plan (together, "the Share Schemes"). As of today's date, a further 456,157 options have vested and are capable of being exercised under the terms of the Share Schemes.

In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, Psion confirms that, as a result of the share issue, it has 141,532,456 ordinary shares of 15 pence each in issue and admitted to trading on the London Stock Exchange under the ISIN code GB00B0D5VH57.

Further information:

Canaccord Genuity Hawkpoint Limited (Financial adviser to +44 (0) 20 7665 Psion )

4500 Simon Russell/Alex Ballantinemailto: alex.ballantine@hawkpoint.com Buchanan Communications (PR adviser to Psion ) +44 (0) 20 7466

5000 Charles Ryland/Suzanne Brocks About Psion

Psion is the pioneer in quality mobile handheld computers and their application in industrial markets around the world. We've innovated mobile computing since 1980, starting with the invention of the PDA, through to helping our global customers solve their business problems today. Our clients include Volkswagen, SNCF, RWE nPower, E.ON, BMW, Goodyear, Copenhagen Airports, BNSF and many others.s

Through our open innovation business model "Open Source Mobility", we have the ability to work directly with our customers and partners to co-create new variants of our mobile hardware, software and services that meet the specific needs of the marketplace. This collaborative relationship is encouraged by our innovative community site, www.ingenuityworking.com.

Psion plc is a public company listed on the London Stock Exchange. It is headquartered in London with operational offices located in Europe, North America, Asia Pacific, Latin America and Africa.

For more information, visit www.Psion.com

Disclosure requirements of the Takeover Code (the "Code")

Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any class of relevant securities of an offeree company or of any paper offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any paper offeror is first identified. An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any paper offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (London time) on the 10th business day following the commencement of the offer period and, if appropriate, by no later than 3.30 pm (London time) on the 10th business day following the announcement in which any paper offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a paper offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.

Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% or more of any class of relevant securities of the offeree company or of any paper offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any paper offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any paper offeror, save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London time) on the business day following the date of the relevant dealing.

If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a paper offeror, they will be deemed to be a single person for the purpose of Rule 8.3.

Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).

Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Takeover Panel's website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. You should contact the Panel's Market Surveillance Unit on +44 (0)20 7638 0129 if you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure.

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