Notice of Interest

The Company announces that it has issued 1,986,228 new ordinary shares of 1p each in the Company (“Ordinary Shares”) at approximately 1.88p per share following a draw down under the terms of the Standby Equity Distribution Agreement announced on 27 April, 2009.
 
Application will be made for the admission of 1,986,228 new Ordinary Shares to be admitted to trading on AIM. It is expected that admission will become effective and that dealings will commence on 7 July, 2009. On admission, the Company will have 247,302,761 Ordinary Shares in issue.