Clarification of intended retail offer

For Immediate Release 9 March 2018

Polemos Plc

("Polemos" or the "Company")

Clarification on intended retail offer

In yesterday's announcement, the Company mentioned that it intended subject to a further announcement to use the PrimaryBid platform to offer shares at the placing price to retail investors, following and subject to the passing of the Resolutions at the forthcoming General Meeting. The Company wishes to clarify that this would need to be agreed with PrimaryBid at that time and if this isn't agreed then the Company will consider alternative options, such as reconsidering an open offer.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. The person who arranged for the release of this announcement on behalf of the Company was Hamish Harris, Director

For further information, please contact:

Polemos PLC

Hamish Harris, Executive Chairman

Beaumont Cornish Limited (Nomad)

Roland Cornish/ James Biddle

Tel: +44 (0) 20 7628 3396

www.beaumontcornish.com

Peterhouse Corporate Finance Limited (Broker)

Lucy Williams

Tel: +44 (0) 20 7469 0930

Novum Securities Limited (Joint Broker)

Colin Crowbury

Tel: +44 (0) 2073999400