Cancellation of Share Premium

PURE WAFER PLC

(AIM: PUR)

Cancellation of Share Premium Account and Result of General Meeting

Pure Wafer plc ("Pure Wafer" or "the Company"), a provider of high quality silicon wafer reclaim services for many of the world's leading semiconductor manufacturers as an integral part of their cost control programmes, is pleased to confirm that the resolution put to shareholders for the purpose of approving a proposal to eliminate the Company's Share Premium Account was today approved at the General Meeting convened for that purpose.

The proposed cancellation is now subject only to confirmation by the Court and it is expected that the Court Order confirming the cancellation of the Share Premium Account will be made on or about 27th June 2013. The cancellation of the Share Premium Account will only take effect when an office copy of the Court order is duly registered by the Registrar of Companies which is expected to take place on 28th June 2013. However, if required by the Court, the Company will not distribute any reserves created by the cancellation of the Share Premium Account up to the amount of the Company's creditors as at the Effective Date until all such creditors have been paid or suitable alternative arrangements for their protection have been agreed with the Court.

Confirmation by the Court of the cancellation of the Share Premium Account will eliminate the deficit on the Company's Profit and Loss reserves and so enable the payment of distributable reserves should the Board decide to declare or recommend the payment of dividends in due course.