Admission of Placing

Richoux Group plc

("Richoux" or the "Company")

Admission of Placing

On 5 October 2010, the Company announced that it had conditionally raised £2.0 million, before expenses, through a placing of 25,000,000 new ordinary shares of 4 pence each (the "Ordinary Shares") in the capital of the Company (the "Placing Shares") at a price of 8 pence per share (the "Placing Price") (the "Placing"). The Placing was conditional on the passing of shareholder resolutions at the general meeting of the Company held on 21 October 2010 (the "General Meeting") which were required to effect the Placing (the "Resolutions"). As announced by the Company on 21 October 2010, the Resolutions were passed at the General Meeting.

Further to these announcements, the Company is pleased to confirm the admission to trading of the Placing Shares on the AIM market of the London Stock Exchange.

22 October 2010

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