Debt Financing to Fund Growth

LiteBulb Group Limited

("LiteBulb" or "the Company")

Debt financing to fund growth

LiteBulb Group is pleased to announce that it has secured £750,000 in financing to further the Company's growth. The financing will be used to fund a number of significant anticipated orders. In line with its corporate strategy, Litebulb Group is expanding its product ranges, customer base and international scope, and the Company expects its historic strong growth to continue in 2012/13.

The funding has been received from Andrew Black, co-founder of Betfair Group Plc, who has to date built a 6.9% stake in the Company. £450,000 of the funding is in the form of a two-year secured convertible loan, carrying a coupon of 5% and a conversion price of 0.6p. The remaining £300,000 is in the form of a secured two-year term loan with a 7% coupon.

CEO Simon McGivern commented, "This funding provides us with working capital to continue our strong growth and has been achieved when many companies of our size are experiencing a difficult funding environment. This is a further endorsement of the Company's growth strategy and comes at an exciting time for the Company. We look forward to updating shareholders with further news in the near future."

For further information, please contact:

LiteBulbGroup Limited

Simon McGivern, Chief Executive: 020 3384 7131

Helen Tweedy, PR Director: 020 3384 7156

finnCap

Matthew Robinson, corporate finance: 020 7220 0500

Ben Thompson, corporate finance: 020 7220 0500

Joanna Weaving, corporate broking: 020 7220 0500

First Columbus LLP - Joint Broker

Chris Crawford: 020 3002 2070

PG Capital 

Paul Gazzard: 01725 510383

www.litebulbgroup.com 

Editors' Notes

LiteBulb Group (LBB.L) is an AIM listed Company specialising in the development of innovative brands and products to fill gaps in the market. LiteBulb Group is the parent Company for:

·; ila Safety - Specialists in stylish personal safety accessories for women

·; Scootrix - Accessories for personalising children's scooters

·; ShirtBox - Lunch and sandwich boxes which enable children to lunch with their favourite football team and superheroes

·; Premium Factory - Product development experts in the promotional and retail sectors

Known for 'innovating the everyday' in over 30 countries worldwide, LiteBulb Group is supported by industry titans Sir Richard Greenbury, former chairman of Marks & Spencer, and Gordon Black, former chairman of Peter Black Holdings.