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GRANT OF PERFORMANCE SHARES

Singapore, October 3, 2008 - The Board of Directors of Stratech Systems Limited (the “Company”) wishes to announce that pursuant to the Company Performance Share Scheme that was approved at an Extraordinary General Meeting on 4th June 2008, the Company had today granted and will issue shares to employees and the Directors of the Company. The Company will award 12,411,159 shares worth $310,278.98 to employees and directors.


Date of Grant : 3 October 2008
Number of Shares Granted : 12,411,159
Market Price of Shares Granted : $0.025 as at the close of trading day on 3 October 2008


About Stratech Systems Limited (“Stratech”)

Stratech Systems Limited (“Stratech”) was listed on the mainboard of the Singapore Exchange in 2000. It is principally engaged in the design, development, integration, implementation, maintenance and project management of information technology and advanced technology systems. The Group delivers large-scale complex, real-time, mission-critical systems in the areas of intelligent Vision, intelligent Transport Systems and e-Systems for governments and businesses.

Founded in 1989, the Group has established an impressive track record serving industries such as aerospace and defence, financial services, government, healthcare, homeland security and transportation (air, sea and land). The Group develops and implements advanced technology solutions that achieve significant business transformation and competitive advantage for its clients.

For more information, please visit www.stratechsystems.com