Notice of Annual General and Special Meeting

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Redknee Solutions Inc. announces that it has posted to shareholders a Notice and Circular for the 2008 Annual General and Special Meeting, which will be held at the Head Office of the Company at 2560 Matheson Blvd. East, Mississauga, ON Canada on Wednesday 11 June 2008 at 10.00 a.m.

The resolutions to be proposed at the 2008 Annual General and Special Meeting are:

• To elect the directors of the Company;
• To re-appoint PricewaterhouseCoopers LLP as auditors of the Company; and
• To authorize an amendment to the Articles of the Corporation to amend the rights, privileges and restrictions and conditions of the Class A shares and Common Shares of the Company to eliminate the Company's Canadian mutual fund corporation status in the event the Company lists its Common Shares on the Toronto Stock Exchange ("TSX").

The Company is currently contemplating making an application to list its Common Shares on the TSX and if the listing is approved by the TSX and completed, the listing of the Common Shares on the TSX will result in the Company's status as a mutual fund corporation no longer being of benefit to the Company or its shareholders.

A Form of Proxy for use at the 2008 Annual and General Meeting has also been posted to shareholders.

The Circular is available on the Company's website www.redknee.com.

About Redknee:
Redknee is a leading global provider of innovative communication software products, solutions and services. Redknee's award-winning solutions enable operators to monetize the lifetime value of each subscriber transaction while personalizing the subscriber experience to meet mainstream, niche and individual market segment requirements. Redknee's revenue generating solutions provide advanced converged billing, rating, charging and policy for voice, messaging and new generation data services to over 60 network operators in over 50 countries. Established in 1999, Redknee Solutions Inc.(RKN : AIM) is the parent of the wholly-owned operating subsidiary Redknee Inc. and its various subsidiaries. References to Redknee refer to the combined operations of those entities. For more information, visit http://www.redknee.com/.