Abstract: A locating system 10 for locating predetermined labelled objects 20 includes a transceiver unit 12 which comprises a narrow beamwidth antenna 14 for transmitting an energizing signal 16 at a predetermined first frequency and for receiving a returned signal 22 at a predetermined second frequency from an object to be located, the energizing signal 16 incorporating a predetermined transponder category code. A plurality of label-like transponders 18 is provided, each of which is affixable to an object 20 to be located. Each transponder 18 includes logic circuitry in order that each transponder 18 in a predetermined group of labelled objects 20 constituting the category radiates a returned signal 22, including a transponder identification code, to the transceiver unit 12 in a time-delayed manner so that returned signals 22 are received serially by the transceiver unit 12.