Exercise of options

HML Holdings plc

("HML" or the "Company")

Exercise of options

HML announces that it has today issued 734,000 new Ordinary Shares of 1.5p each in the capital of the Company ("Shares") (the "New Shares") in satisfaction of the exercise of director and employee share options. Application has been made for the New Shares to be admitted to trading on AIM, which is expected to take effect on 7th March 2014.

As a result of the exercise of share options, the following HML directors were issued with Shares for consideration as set out below.

· Robert Plumb was issued with 185,000 Shares for consideration of £19,700

· James Howgego was issued with 210,000 Shares for consideration of £23,175

· Richard Smith was issued with 90,000 Shares for consideration of £9,875

· Geoffrey Griggs was issued with 5,000 Shares for consideration of £850

Following the issue of New Shares, the directors have the following interests in the issued share capital of the Company.

· Robert Plumb has 2,149,067 Shares (representing 5.8% of the Company's issued share capital)

· James Howgego has 1,350,000 Shares (3.7%)

· Richard Smith has 1,709,025 Shares (4.6%)

· Geoffrey Griggs has 472,167 Shares (1.3%)

Following the issue of the New Shares, the Company has a total of 36,953,747 Shares in issue. Therefore the total number of Shares with voting rights is 36,953,747 which figure may be used by shareholders in the Company as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For further information, please contact:

HML Holdings plc

Robert Plumb, Chief Executive Officer

James Howgego, Finance Director Tel: 020 8439 8529

finnCap

Ed Frisby/Christopher Raggett - corporate finance Tel: 020 7220 0500

Simon Starr - corporate broking

Tavistock Communications Group

James Verstringhe/Jeremy Carey Tel: 020 7920 3150