Date: 20 September 2004
On behalf of: Transense Technologies plc
Embargoed until: 0700hrs

Transense Technologies plc
Licence with Michelin

Transense Technologies plc announces that Michelin has been granted a
non-exclusive addendum to its license to make or have made discrete component
interrogation electronics for tyre pressure monitoring systems (TPMS). Michelin
already has a world exclusive licence to use Transense's surface acoustic wave
(SAW) technology for attached-to-tyre pressure monitoring applications.

James Perry, Chief Executive of Transense, said last night:

'I am pleased to announce that Michelin is extending the licence it has with us
to include the manufacture of Transense's patented interrogation technology. It
is now Michelin's right to either make or have made SAW interrogation systems
comprising of discrete components.

'It is inevitable that as our technology reaches the stage of volume production
and sales, licensees will be trying to manoeuvre themselves into a position
where they can be masters of their own destinies.'

George O'Brien North American Electronics Research Director for Michelin said:

'Michelin is pleased to add Transense's discrete component interrogation to the
prior arrangements between our companies.'