Capital Reduction & Notice of General Meeting

Impact Holdings (UK) plc ("Impact" or "The Company") Proposed Capital Reduction and Notice of General Meeting Impact Holdings (UK) plc (AIM: IHUK) announces that it will be posting acircular to shareholders today setting out the recommended proposals of theBoard to increase the distributable reserves of the Company in order to supportthe Company's ability to pay dividends, should it be desirable to do so in thefuture. Further details are set out in the circular. The proposals, which comprise a capital reduction, are conditional upon,amongst other things, the Company obtaining appropriate shareholder approval ata General Meeting. Accordingly the circular to be sent to shareholders todaycontains the notice of General Meeting which will be held on 12 March 2014. The shareholder circular and notice of meeting will be available on theCompany's website shortly after posting. For further information: Impact Holdings (UK) plc Paul Davies, Chief Executive OfficerTel: 0161 437 9499 Zeus Capital Limited Andrew Jones/Nick CowlesTel: 0161 831 1512