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Issue of equity and unlisted warrants 06-11-09

The Company announces that following a draw down of €140,000 under the terms of the 18 February 2009 Equity Facility agreement (the Facility Agreement), it has issued 389,455 ordinary shares of 10 pence each and 145,600 Unlisted Warrants to Quivest B.V. (“Quivest”). The shares allotted include the settlement of the commission due under the Facility Agreement.

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