AIM Rule 21

25 November 2011

Blue Star Capital plc

("Blue Star Capital" or the "Company")

AIM Rule 21

Blue Star Capital announces, in line with AIM Rule 21, that Lord Dear, Non Executive Chairman together with Peter Varnish OBE and General Sir Michael Wilkes both Non Executive Directors, have each entered into binding agreements pursuant to which they will receive their fees entirely in the Company's ordinary shares of 0.1p. The shares will be issued quarterly with effect from 1 October 2011 and priced at the prevailing market price for the five preceding business days prior to the end of the quarter.

Each corresponding increase in the number of shares in issue will be announced at that time.

Contacts: