22 June 2010

Exercise of Options

The Company announces that on 21 June 2010 Peter Hay, Chairman of the Company, exercised options over 144,925 ordinary shares of 10 pence each in the Company ('Ordinary Shares') at a price of 69 pence per share, which were provided by the Company's Employee Benefit Trust (the 'EBT') and subsequently repurchased by the EBT at a price of 92.3 pence per share.

Following this transaction Mr Hay's interest in the Company remains unchanged at 2,210,870 Ordinary Shares representing 14.9% of the enlarged issued share capital.

The Company also announces that on 21 June 2010 Vic Bellanti, Chief Executive of the Company, exercised options over 144,925 Ordinary Shares at a price of 69 pence per share, of which 131,357 shares were provided by the EBT and which were subsequently repurchased by the EBT at a price of 92.3 pence per share. Application will be made for the remaining 13,568 new Ordinary Shares to be admitted to trading on AIM as soon as is practicable. 

Following this transaction Mr Bellanti's beneficial interest in the Company is 138,568 Ordinary Shares representing 0.9% of the enlarged issued share capital.

On admission the Company's issued share capital will consist of 14,825,318 Ordinary Shares, each with voting rights.

For further information contact:

Brigid Cattle                                                          (0) 2476 229 373
Company Secretary

Andrew Kitchingman                                          (0) 845 213 4730

Brewin Dolphin