On behalf of: Transense Technologies plc
Date: 13 June 2001

Licence agreement with Michelin

Transense Technologies plc (Transense) announced today that it has signed a
worldwide licensing agreement with Societe de Technologie Michelin (STM) based
in France. This agreement grants STM the exclusive use of Transense Surface
Acoustic Wave (SAW) technology in its tyres. The agreement also gives the
tyre manufacturer exclusive rights to license the technology to other tyre
companies.

Transense develops and patents technology for a range of non-contact sensors,
torque transducers that enable electric power assisted steering, tyre pressure
monitors and sensors for other automotive applications to be introduced into
motor vehicles.