Issue of Equity

Noventa Limited

("Noventa" or the "Company")

Placing of Additional New Shares

16 June 2010

Further to the announcement of 8 June 2010, Noventa (AIM: NVTA) is pleased to confirm the successful conditional placing of a further 1,053,741 new ordinary shares of 0.04p each ("Conditional Shares") at a price of 6.5p per share, raising a further £68,493, before expenses. These funds will be utilised for general working capital purposes. Religare Capital Markets acted as the Company's broker in the placing. The placing of these further shares forms part of the placing announced on the 8 June 2010. 

The Conditional Shares will be issued conditional on approval at the Company's Annual General Meeting, ("AGM") scheduled for 11:00 on 30 June 2010.

An application will be made to admit the Conditional Shares to trading on AIM and trading in these shares is expected to commence on 1 July 2010, following approval at the AGM. Assuming approval at the AGM for the Conditional Shares to be issued, the Company will have 256,724,836 ordinary shares of 0.04p each in issue.

For further information please contact:

Eric F. Kohn TD

Chairman

Noventa Limited

+41 22 8500560

+41 79 5030150

www.noventa.net

Nick Harriss/Emily Staples

Religare Capital Markets (Nomad)

+44 20 7444 0800

Daniel Briggs Religare Capital Markets (Broker) +44 20 7444 0500