Main Web Site : http://www.kuju.com

____________________________________________________________________

Shares in Issue : 15.67 million

Main Shareholders;

Jonathan Newth, Dir (20.70% holding)
Ian Baverstock , Dir (20.70% holding)
Laxey Partners: (13.4% holding)
Singer & Friedlander: (5% holding)
Command Fund: (4.5% holding)
Dominic Wheatley, Cmn (1.70% holding)
____________________________________________________________________

The message from the interims today to me is come back in 12 months time to see how the next interims look, they should be better.

I would also say the cash position is very tight, so we might see some fund raising by some means soon. I hope its not loan notes (so the directors can get buckets of shares on the cheap with conversion of the loan notes later) ..............

Offer for Kuju plc


RNS Number:9700N
S.P. Angel Corporate Finance LLP
15 December 2006


THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR
IN PART, IN, INTO OR FROM THE REPUBLIC OF IRELAND, THE UNITED STATES OF AMERICA,
CANADA, AUSTRALIA OR JAPAN OR ANY JURISDICTION WHERE TO DO THE SAME WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION


15 December 2006



RECOMMENDED CASH OFFER

by

S.P. Angel Corporate Finance LLP

on behalf of

Catalis Development Services Limited
(a wholly owned subsidiary of Catalis N.V.)

for

Kuju plc

Summary

* The Boards of CDS and Kuju are pleased to announce today that they have
agreed the terms of a recommended cash offer, to be made by S.P. Angel,
on behalf of CDS, to acquire the entire issued and to be issued
ordinary share capital of Kuju.

* The Offer will be 25 pence in cash for each Kuju Share, valuing the
entire issued and to be issued ordinary share capital of Kuju at
approximately #4.375 million.

* The Offer Price represents a premium of approximately 53.8 per cent.
to the Closing Price of 16.25 pence for each Kuju Share on 14 December
2006, being the last business day prior to the date of this
announcement.