Further to the announcements made on 29 January 2007 and 8 March 2007, the Board of Directors of
Stratech Systems Limited (the "Company") is pleased to announce that the Placement was completed on 9
March 2007, pursuant to which 54,150,000 Placement Shares were allotted and issued. The Company and
one subscriber have mutually agreed not to complete the placement of 2,000,000 Placement Shares. As
such, the proceeds raised from the Placement are expected to be approximately $2,927,350 instead of
S$3,035,350 as previously announced.

Pursuant to the completion of the Placement, the existing issued share capital of the Company has
increased from 403,812,479 ordinary shares in the capital of the Company (the "Shares") to 457,962,479
Shares. 68,000 shares in the capital of the Company were allotted and issued pursuant to the exercise of
employee share options after the announcement of 29 January 2007.

The listing and quotation of the Placement Shares on the Official List of the Singapore Exchange Securities
Trading Limited is expected to take place on 13 March 2007.

About Stratech Systems Limited (“Stratech”)

Stratech Systems Limited (“Stratech”) was listed on the Main Board 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.

In 2006, Stratech won the Research and Development prize for its intelligent Airfield/Runway Surveillance and Foreign Object and Debris (FOD) Detection System at the Asia Pacific ICT Awards. Stratech’s iFerret™ (a world’s first system to utilise intelligent Vision to detect and classify foreign object, with the ability to pinpoint the location of the foreign objects) was awarded The Enterprise Challenge (TEC) initiative by the Prime Minister’s Office of Singapore in 2006.

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

Stratech Systems Limited
Ms Gomathi Karuppiah
Tel: 6799-6650
Fax: 6323-2177