RET Retec

    20 May 2008

                      Retec Digital PLC (""the Company")                       

                                Issue of Equity  
                              

The Board is pleased to announce that following the acquisition of Liquid
Digital Limited 3,809,523 ordinary shares have been issued at a price of 2.625
pence per share.

Accordingly, application has been made for the 3,809,523 new ordinary shares to
be admitted to trading on AIM and it is expected that admission will take place
on 23 May 2008.

The new ordinary shares will rank pari passu with the existing ordinary shares
of the Company. Following this allotment, the total issued share capital of the
Company will increase to 159,309,664 ordinary shares.

Enquiries:

Charles Stanley Securities
(Nominated Adviser and Broker)

Mark Taylor /
Adam Sumner                    Tel 020 7149 6000



END

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