Issue of equity and total voting rights

Applied Graphene Materials plc

Issue of equity and total voting rights

Applied Graphene Materials plc (the "Company" or the "Group"), the producer of specialty graphene materials, announces that it received notification from Claudio Marinelli of the exercise of a total of 39,305 EMI share options granted on 4 October 2013 and 21 October 2013 respectively. The option exercise price per share was £0.33 and £0.583 respectively. Consequently, the Company has issued 39,305 new ordinary shares of 2 pence each ("Ordinary Shares").

After taking account of the option exercise explained above, all other remaining share options held by Claudio Marinelli have lapsed.

Application has been made to the London Stock Exchange for these Ordinary Shares, which rank pari passu with the existing Ordinary Shares, to be admitted to trading on AIM as soon as is practicable.

In accordance with the FCA's Disclosure and Transparency Rules, following this allotment, the Company's issued share capital consists of 17,014,216 Ordinary Shares. The Company does not hold any Ordinary Shares in Treasury.

The figure of 17,014,216 Ordinary Shares should 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 FCA's Disclosure and Transparency Rules.

Ends

For further information, please contact:

Applied Graphene Materials +44 (0) 1642 438 214

Jon Mabbitt, Chief Executive Officer

Oliver Lightowlers, Chief Financial Officer

N+1 Singer +44 (0) 207 496 3000

Shaun Dobson / Richard Lindley

Hudson Sandler +44 (0) 207 796 4133

Charlie Jack / Emily Dillon

Notes to Editors

Applied Graphene Materials was founded by Professor Karl Coleman in 2010 with its operations and processes based on technology that he initially developed at Durham University. The Group was admitted to AIM in November 2013, raising £11 million, and is based at the Wilton Site on Teesside.

The Group has developed a proprietary bottom-up process for the production of high purity graphene nanoplatelets and owns the intellectual property and know-how behind this process. Applied Graphene Materials' process is based on sustainable, readily available raw materials and therefore does not rely on the supply of graphite, unlike a number of other graphene production techniques. It is capable of producing high purity graphene using a continuous process. Applied Graphene Materials provides dispersion and product integration expertise to deliver solutions for a wide range of applications.