Completion of disposal of Calyx

MXC Capital Limited

("MXC" or the "Company")

Completion of the disposal of Calyx Managed Services Limited ("Calyx")

Further to the announcement made by the Company on 2 April 2015 in relation to the conditional agreement to sell Calyx to Redcentric plc, MXC is pleased to announce that the conditions to completion set out in the agreement have been satisfied and the disposal of Calyx has now therefore completed.

MXC Capital Limited

Marc Young

+44(0)20 7965 8149

Zeus Capital Limited (Nominated adviser and broker)

Nick How/John Treacy

+44 (0)20 7533 7727

Alma PR

Josh Royston / Hilary Buchanan

+44 (0)7780 901979/+44 (0) 7515 805218

About MXC Capital

MXC is a specialist merchant bank with a track record of investing in and advising companies in the TMT sector. We bring together a deep knowledge of technology, first-hand experience of managing companies in the sector, an ability to make meaningful investments and a highly experienced corporate advisory team in support, all of which we combine to grow shareholder value.