PLW Playwize

RNS Number:3075K
Playwize PLC
19 December 2007


Playwize PLC
19 December 2007

                                  Playwize plc
                          'Playwize' or 'the Company'
                                ISSUE OF EQUITY

The board of Playwize, the AIM quoted developer of software for the  
entertainment industry announces that following a request by Headstart Global 
Fund Limited and Headstart Global Aggressive Fund Limited (together 
"Headstart"), the Company allotted  3,235,012 new ordinary shares of 1p each 
('the Conversion Shares') at a price of 1p to Headstart in respect of the 
conversion of �30,000 nominal of convertible redeemable loan notes and �2350.12 
accrued interest, pursuant to the convertible loan facility agreement referred 
to in the Company's announcement, dated 22 March 2006.

Application has been made for the Conversion Shares, which will rank pari 
passu with the  existing ordinary shares in issue, to be admitted to AIM, and 
admission is expected to be effective on 28 December 2007.

                                    - Ends -

For further information, please contact:

Playwize plc (www.playwizeplc.com)
Foo Katan, CEO
Tel: + 44 (0)20 8282 7200
Email: foo@bitscorp.com

HB Corporate:
Rory Creedon / Jim McGeever
Tel: +44 (0)20 7510 8591




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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