REG-Netalogue Technologies Plc: Trading Statement

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22nd July 2008

Dear Shareholder,

Trading statement for the first quarter 2008 - 09

In my statement at the end of the last financial year I emphasised that the
Directors were focussed on continuing the trend of higher revenues and better
margins with tight cost and cash controls. I am pleased to inform you that the
first quarter is in line with our expectations.

The market place remains competitive with the effect of particularly difficult
trading in some sectors. But the company continues to respond with tailored
solutions and high standards of customer service for its clients to offer
product and service of value and quality, coupled with the benefits of its
intellectual property.

Investment continues to ensure that the product offer remains at the leading
edge of its field and this has resulted in winning new customers with larger
contracts.

The outlook for the first half of the year is well set with a strong sales
pipeline and continuing research into new developments in order to take the
company further forward.

I look forward to updating you with the results at the half year when we
anticipate that these sound trends will continue to add value to the business.

Gareth J. Williams

Chairman.

This announcement was approved by the board on 22 July 2008

Enquiries

NETALOGUE TECHNOLOGIES PLC TEL 0845 222 0350

Andrew Robathan

VANTIS CORPORATE FINANCE LIMITED TEL: 020 7417 0417

Simon Hammerton

Richard Thacker

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