Exercise of Warrants, Issue of Equity & TVR

Weatherly International plc ('Weatherly' or the 'Company')

Exercise of Warrants, Issue of Equity

and

Total Voting Rights

Weatherly announces that on 21 February 2011, the Company issued 1,500,000 ordinary shares of 0.5p each in the Company ("Shares") at a price of 8p per Share following the exercise of warrants.

These warrants were issued as part of the fundraising entered into on 8 May 2008 (and amended on 24 December 2008). Of the 12 million warrants issued at an exercise price of 8p, 10.5 million remain unexercised following this issue and are exercisable at any time up to 31 December 2013.

Application has been made for the 1,500,000 Shares to be admitted to trading on the AIM market of the London Stock Exchange and it is expected that admission will take place on 28 February 2011.

The new Shares will rank pari passu with the existing Shares of the Company. Following this allotment, the total issued share capital of the Company will increase to 536,571,808 Shares. The above figure 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 share capital of the Company under the Disclosure and Transparency Rules.

For further information please contact:

Max Herbert, Company Secretary, Weatherly International Plc

+44 (0) 20 7917 2989

Samantha Harrison / Jen Boorer, Ambrian Partners Limited

+44 (0) 20 7634 4700