Completion of Acquisition and Issue of Equity

31 August 2012

Regenersis plc

Completion of acquisition and issue of equity

Regenersis plc (AIM: RGS) ("Regenersis" or "the Group"), a strategic outsourcing partner of many of the world's leading consumer technology companies, is pleased to announce that the acquisition of the HDM Group of Companies ("HDM") for an initial consideration of EUR6.5m has today been completed, as set out in the Group's announcement of 26 July 2012.

HDM is a leading provider of aftermarket services, including reverse logistics and repair, to network operators and mobile telephone manufacturers in Spain, Mexico and Argentina. HDM's key customers include Telefonica, Samsung and Nokia.

The highlights of the acquisition, which is expected to be earnings enhancing in the first year (* - see note), are:

·; The addition of high-quality business in Spain, where HDM has a 20% market share in mobile repair, significantly enhancing Regenersis' European customer proposition

·; A strong exposure to new Emerging Markets and a platform for future expansion into Latin America

·; An opportunity to cement further Regenersis' relationships with existing clients

EUR5.85 million of the initial consideration has been funded through the Group's existing banking facilities.

587,571 Ordinary Shares will be issued to the vendor in settlement of the remaining EUR0.65 million of initial consideration payable (the "Issue").

Accordingly, application has now been made for these Ordinary Shares to be admitted to trading on AIM. The shares will rank pari passu with the existing issued shares of the Company and dealings are expected to commence on 6 September 2012.

Following the Issue, Regenersis confirms that its total issued share capital will comprise 45,407,823 ordinary shares of 2p each in the Company ("Ordinary Shares"), including 2,150,000 Ordinary Shares held in treasury, leaving a balance of 43,257,823 Ordinary Shares with equal voting rights.

The figure of 43,257,823 Ordinary Shares may therefore be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of Regenersis under the FSA's Disclosure and Transparency Rules.

Enquiries:

Regenersis plc +44 (0) 20 7766 8400

Jog Dhody

Arden Partners plc (Nomad and Joint Broker) +44 (0) 121 423 8900

Steve Douglas

Panmure Gordon (UK) Limited (Joint Broker) +44 (0) 20 7886 2500

Dominic Morley / Charles Leigh-Pemberton

Tavistock Communications +44 (0) 20 7920 3150

Catriona Valentine / Matt Ridsdale

* - This statement is not intended to constitute a profit forecast for the current financial period or for any future period. In addition, this statement should not be taken to mean that the earnings per share of Regenersis will necessarily match or exceed the historic reported earnings per share of Regenersis.

Ends