Minorplanet Systems plc ("Minorplanet" or the "Company")

Related Party Transaction

Minorplanet is pleased to announce that it has secured a loan from its Chief Executive, Mr Terry Donovan, who, for the purposes of this transaction, is regarded as a related party of the Company under the AIM Rules. 

The loan is for the sum of £300,000 and is repayable over 24 months, commencing on 4 June 2010. It bears an interest rate of 8% over Barclays Bank Plc's base rate and is secured by a debenture over the assets of the Company and certain of its subsidiaries.  The loan was made to assist the general working capital requirements of the Company.

The securing of this loan from Mr Terry Donovan is a Related Party Transaction for the purpose of AIM Rule 13.  The Directors consider, having consulted with Shore Capital and Corporate Limited, the Company's Nominated Adviser, that the terms of the related party transaction are fair and reasonable insofar as the Company's shareholders are concerned.

This transaction is one of a series of proposed actions designed to return the Group to financial stability and profitability.  Details of these proposed actions and an update on the Company's trading and financial position will be provided as part of the 2009 Preliminary Announcement, which is expected in late February 2010.