The Company has made an application for admission to trading on AIM for a total
of 73,106 new ordinary shares of 5 pence each pursuant to the exercise of share
warrants. The new ordinary shares on admission will be issued credited as fully
paid and will rank pari passu with the existing ordinary shares. It is expected
that such admission will become effective on 10 February 2006.
Following the exercise of these share warrants there remains 36,187 share
warrants in issue.