Cease to be a reporting issuer in Canada

NOVENTA LIMITED

("Noventa" or the "Company") (AIM: NVTA; PLUS: NV)

CEASE TO BE REPORTING ISSUER IN CANADA

December 14, 2012

Noventa hereby informs its security holders that further to its voluntary delisting from the Toronto Stock Exchange on March 8, 2012, it has applied to the Ontario Securities Commission (the "Commission") for a decision that it is no longer a reporting issuer in Canada.

If the application is approved and Noventa is no longer a reporting issuer in Canada, Noventa will no longer be required to file financial statements and other continuous disclosure documents with Canadian securities regulatory authorities. A decision by the Commission to permit Noventa to cease reporting in Canada will not affect Noventa's listing or reporting obligations in the United Kingdom. In this regard, Canadian security holders will continue to have access to all financial statements and other continuous disclosure documents required to be filed by the Company in the United Kingdom pursuant to its quotations on the AIM market and the ISDX Growth Market. All continuous disclosure documents of the Company are available on the Company's website at www.noventagroup.com.

For further information please contact:

Noventa Limited

Simon Hunt

(Chairman)

+44 7733 337 755

www.noventagroup.com

Allenby Capital Limited

(Nominated Adviser and Broker)

Nick Harriss/Jeremy Porter/James Reeve

 +44 20 3328 5656

www.allenbycapital.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Certain information contained or incorporated by reference in this release, including any information as to the Noventa's strategy, projects, plans, prospects, future outlook, anticipated events or results or future financial or operating performance, constitutes "forward-looking statements" within the meaning of Canadian securities laws. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements can often, but not always, be identified by the use of words such as "plans", "expects", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "predicts", "potential", "continue" or "believes", or variations (including negative variations) of such words; or statements that certain actions, events or results "may", "could", "would", "should", "might", "potential to", or "will" be taken, occur or be achieved or other similar expressions concerning matters that are not historical facts. Readers are cautioned that forward-looking statements are not guarantees of future performance. All of the forward-looking statements made or incorporated in this press release are qualified by these cautionary statements.

Forward-looking statements are necessarily based on a number of factors, estimates and assumptions that, while considered reasonable by Noventa as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Readers are also cautioned that forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Noventa to differ materially from those expressed or implied in the forward-looking statements. Certain of these risks and uncertainties are described in more detail in Noventa's Annual Information Form dated 19 July 2011, which is available on SEDAR at www.sedar.com.

Although Noventa has attempted to identify statements containing important factors that could cause actual actions, event or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking information contained herein are made as of the date of this document based on the opinions and estimates of management on the date statements containing such forward looking information are made, and Noventa disclaims any obligation to update any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward looking information.