8 February 2017

AIM: CER

Cerillion plc

("Cerillion" or "the Company")

Re: New Employee Share Option Scheme

Following the launch of Cerillion's Save-As-You-Earn Option Plan reported on 6 January 2017, the Company is pleased to announce the award to staff of 189,845 options over Ordinary Shares of 0.5 pence each in the Company at a strike price of £1.132. This would represent approximately 0.64% of the current issued share capital of the Company.

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About Cerillion

Cerillion is a leading provider of mission critical software for billing, charging and CRM, with a 17 year track record in providing comprehensive revenue and customer management solutions. The Company has approximately 80 customer installations across over 40 countries, principally serving the telecommunications market but also utilities and financial services.

Led by a highly experienced management team, the Company is headquartered in London, with offices in Pune, India where its Global Solutions Centre is located, Miami and Sydney.