EIC Eicom

RNS Number:3166V
Eicom PLC
08 December 2005


                     EICOM PLC ("Eicom" or "The Company")

8 December 2005

Eicom today announces that it has granted options as management incentives over
50,500,000 new Ordinary Shares of 0.5p each to Directors and Staff, exercisable
at 0.55p per share. The options must be exercised, in multiples of 250,000
shares, within 7 years of grant.

The Directors of Eicom can only exercise their options as follows;

Up to 25% when the share price reaches 1.2p for a period of one month
Up to 25% when the share price reaches 1.5p for a period of one month
Up to 25% when the share price reaches 1.8p for a period of one month
Up to 25% when the share price reaches 2.1p for a period of one month

The number of shares over which options have been granted to the Directors of
Eicom are as follows;

    John Sanderson     5 million
    William Harris     5 million
    Stephen Timmins   15 million
    Paul Fowler       12 million

The grant of options to Stephen Timmins is deemed to be a related party
transaction under the AIM Rules as it potentially exceeds 5% of the enlarged
share capital of the Company. The directors, excluding Mr Timmins, having
consulted with the Company's nominated advisor, believe that the terms of the
transaction are fair and reasonable insofar as the shareholders of the Company
are concerned.

Commenting on the grant of options, chairman, John Sanderson said:

"At this stage of the Company's development, we think it is important to
incentivise directors and staff through a sensibly structured option scheme and
we believe that, as the total scheme requires a quadrupling of the Company's
share price, this would demonstrate that we had made significant progress."

                                      Ends



                      This information is provided by RNS
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