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Shares Issued

The number of 1p Ordinary shares and 0.1p deferred shares on issue are as set out below:

No.
Ordinary shares of 1p 58,126,130
Deferred shares of 0.1p 2,206,110,131

The Company does not hold any Ordinary shares in Treasury.

41.51% of the Ordinary shares are not in public hands as defined by the AiM rules for Companies.

There is no restriction on the transfer of the Company's AiM securities

Material Shareholders

Shareholding
1p Ordinary shares
%
Shareholding
Colin Maitland 11,446,071 19.69%
Pershing keen Nominees Limited 10,000,000 17.20%
Share nominees Ltd 5,898,885 10.15%
Graham Cole 4,591,545 7.90%
James Wheeler 4,316,797 7.43%
Fistral trustees Limited 3,011,544 5.18%
AC Alpha Management GmbH 2,000,000 3.44%

The information above is as at 1 July 2007