Issue of Equity

LiteBulb Group Limited

("LiteBulb" or the "Company")

Issue of Equity

Additional funds raised to accelerate organic growth and enable acquisition opportunities.

LiteBulb (AIM: LBB), the brand and product development specialist, announces that it has received subscription letters for, in aggregate, 137,666,664 new ordinary shares (the "Subscription Shares") at 0.6 pence per share (the "Subscription Price"), with both existing and new shareholders (the "Subscription"), to raise £825,000 after expenses.

The net proceeds of the Subscription will be used to accelerate the Company's organic growth and to supplement the working capital requirements of the enlarged group following the successful integration of Bluw and Rizon Studios. It also gives the Company funds to pursue further acquisition opportunities.

The Company is pleased to note that the Subscription Price does not represent a discount to the Company's closing mid-market price on 17 July 2013 of 0.6 pence, being the last practicable date prior to the announcement of the Subscription.

Application has been made for the 137,666,664 new ordinary shares to be admitted to trading on AIM ("Admission"). Admission is expected to take place on 19 July 2013. The Subscription Shares will rank pari passu with the existing ordinary shares of the Company.

The number of ordinary shares in the Company in issue following the Admission will be 1,458,293,406. The above figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

Simon McGivern, CEO of LiteBulb, commented, "We are delighted to have received investment from both new and existing shareholders and I believe it is a reflection on the strength of our growth story that we have been able to raise these funds without a discount to the current share price. This financial period has seen dramatic growth across the Company including the successful integration of Bluw and Rizon Studios, which have both traded ahead of our expectations, and these new funds will enable us to capitalise on the new opportunities for both organic and acquisitive growth that are being presented to us as we continue to build critical mass."

About LiteBulb Group

LiteBulb Group is a full turnkey solutions provider enabling innovative brands and products to be rapidly and successfully taken to market. LiteBulb's successful brands include:

Bluwstuff - Range of innovative gifts and toys

Rizon - Product innovation and brand specialist agency

ila Safety - Stylish and functional personal safety accessories for women

Scootrix - Accessories for personalising children's scooters

Shirt Box - Lunch and sandwich boxes with designs of favourite football teams and superheroes

Cartoon Stripz - Snap and twist collectable play sets for children

BLINK Mints - UK distribution for confectionary product range

Scarlet Willow - Stylish tableware and personalised gifts

LiteBulb products are sold by a large number of blue chip retailers including: ASDA, BHS, Tesco, Wilkinsons, Sainsbury's, WH Smith, Halfords, Morrisons, QVC, Next, Fenwicks, Toys R Us and Dunnes Stores in Ireland.

In addition, the Company has unrivalled access to market intelligence from multinational advertising company Bartle Bogle Heggarty (BBH), which own 13% of LiteBulb and co-founded the business in 2009 in order to outsource development, production and distribution of its innovative products. BBH's on-going research into markets and trends on behalf of its clients means that it is continually identifying gaps in markets, allowing them to work with LiteBulb to create innovative products to fill those gaps.