2008 News Releases

Dealings Announcement

TORONTO – December 9, 2008 - Redknee Solutions Inc. ("Redknee") (TSX / AIM: RKN), a leading provider of mission-critical software and solutions for communications service providers, today announced the following Dealings Announcement.

The Company was informed on December 8, 2008 that on that date James Pelot, Non-Executive Director of Redknee, purchased 15,000 Common Shares in the capital of the Company ("Common Shares") at a price of C$0.275 per Common Share.

Following the share purchases, James Pelot holds 27,500 Common Shares of Redknee.

The issued share capital of the Company as at the date of this announcement is 59,210,271 Common Shares.

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 70 network operators in over 50 countries. Established in 1999, Redknee Solutions Inc.(TSX: RKN) 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/.