RNS Number:9649O
TransEDA PLC
22 August 2003

22 August 2003


                          TransEDA PLC ("the Company")



The Company announces that it has today entered into Heads of Terms for the sale
of all of the issued share capital of TransEDA Technology Limited ("TTL") with
Valiosys S.A. ("Valiosys"). TTL owns substantially all of the operating assets
of the TransEDA group.



Under the Heads of Terms, Valiosys has agreed to purchase the issued share
capital of TTL for a one-off payment of #1,150,000 subject, inter alia, to
satisfactory due diligence. The Board have granted Valiosys an exclusivity
period which will terminate on 15 September 2003.



The Board continue to explore all options available for the business but is
mindful of current trading conditions and the cash balances available to the
Company.



For further information:



Ann-marie Wilkinson, Beattie Financial                       0207 398 3300




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