Notice of Cyber Security Incident

Microlise Group plc (AIM: SAAS), a leading provider of SaaS based transport technology solutions to fleet operators, reports that a large portion of the Company's services have been affected by a cyber incident after detecting unauthorised activity on the Microlise network. This has resulted in disruption to services which are currently inactive.

The Board has appointed external cyber security specialists whose investigations are underway to establish the nature and extent of the incident. The Microlise team is working hard to quickly bring the affected services back online.

The Company has notified the relevant regulators and law enforcement agencies, including the Information Commissioner's Office in the UK. We are mindful of our obligations regarding data; it is too soon yet to make any determination around the impact this incident has had on personal data, but we will inform any individuals in line with our regulatory obligations should there be a need to do so.

The Company has relevant cyber insurance and is in discussions with its insurance provider. The Company does not currently anticipate that this incident will have a material adverse impact on its forecasts or financial position.

The Company will inform the market if there are any notifiable changes to the situation.

Microlise would like to thank customers for their patience and understanding while it works to resolve this issue as quickly as possible.