NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO THE SAME WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

13 July 2010

FuturaGene plc ("FuturaGene" or "the Company")

Scheme becoming effective and cancellation of admission to trading on AIM

Further to the announcement of 12 July 2010, the Company is pleased to announce that the scheme of arrangement and associated reduction of capital in connection with the recommended all cash offer by Suzano Trading Limited, a wholly owned subsidiary of Suzano Papel e Celulose S.A. for FuturaGene, became effective today in accordance with its terms.  The consideration due to Scheme Shareholders and holders of Warrants will be sent within 14 days of today's date.

Admission of the FuturaGene Shares to trading on AIM will be cancelled by the London Stock Exchange with effect from 7.00 a.m. tomorrow (14 July 2010).

Terms defined in the scheme document sent to FuturaGene Shareholders on 28 May 2010 have the same meanings in this announcement. 

All references to times in this announcement are to London time unless otherwise stated.

For further information, please contact:

FuturaGene Plc

Mark Pritchard, Chairman                                        +44 (0) 7802 827 846

Stanley Hirsch, CEO                                               +972 544 562 724

Evolution Securities

Neil Elliot                                                               +44 (0) 20 7071 4300

College Hill                                                           +44 (0) 20 7457 2020

Adrian Duffield/Carl Franklin/Rozi Morris

Suzano Papel e Celulose                     
André Dorf                                                             +55 11 3503 9240

BNP Paribas (financial adviser to Suzano Bidco and Suzano Papel e Celulose)
Claude Herskovits (London)                                     +44 (0) 20 7595 6709
Leandro Almeida (São Paulo)                                  +55 11 3841 3626

Tulchan Communications (PR adviser to Suzano Bidco)
Andrew Grant                                                     + 44 (0) 20 7427 1554