Exercise of Share Options and Total Voting Rights

10 December 2014

Augean plc

("Augean" or "the Company")

Exercise of Share Options

& Total Voting Rights

Augean announces that it has issued 603,448 new ordinary shares of 10 pence each in the Company ('Ordinary Shares') following the exercise of share options by a former director; of which 500,000 were under the Group's Unapproved Share Option Scheme and 103,448 were under the Group's Approved Share Option Scheme.

Following the exercise of the share options noted above, there remain a total of 5,515,303 options over the shares of the Company, of which 1,272,409 have vested and 4,239,894 have vesting dates between August 2016 and March 2017. All outstanding options are now held by current directors or employees of the Company.

Application has been made to the London Stock Exchange for the 603,448 Ordinary Shares issued pursuant to the option exercise to be admitted to trading on AIM ("Admission"). It is expected that Admission will occur at 8.00 a.m. on 17 December 2014. The Ordinary Shares shall rank pari passu with the existing Ordinary Shares.

Following Admission, the Company's enlarged issued share capital and total number of voting rights will be 101,733,677 Ordinary Shares. There are no shares held in treasury.

This figure of 101,733,677 Ordinary Shares may be used by shareholders in the Company as the denominator for the 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.

-Ends-

For further information, call: