Exercise of Options - replacement

Toumaz Holdings Limited

('Toumaz Holdings' or the 'Company')

This announcement replaces the 'Exercise of Options' announcement released on 29 January 2010 at 12:33 under RNS No 3577G. A change to the total issued share capital and total voting rights has been made.

All other details remain unchanged. The full amended text is shown below.

For immediate release.

Exercise of Options

Due to an exercise of options, the Company has applied for 1,214,900 new ordinary shares in the Company to be admitted to trading on AIM on 4 February 2010. Following the admission to trading of these new shares, Toumaz Holdings will have a total issued share capital of 592,305,251 Ordinary Shares.

The above figure of 592,305,251 Ordinary Shares may 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 Company, under the Disclosure and Transparency Rules.

Enquiries:

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| Toumaz Holdings Limited | 07979 77879 |

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| Patrick Stephansen, Chief Financial | |

| Officer | |

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| FinnCap | 020 7600 1658 |

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| Charles Cunningham/Henrik Persson - Corp Finance | |

| Brian Patient - Corporate Broking | |

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| | |

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| College Hill | 020 7457 2020 |

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| Adrian Duffield/Rozi Morris | |

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