Issue of New Shares

18th Nov 2008 13:16



IPSO VENTURES PLC

(the "Company")

Issue of New Shares

The Company announces the subscription by IPSO EBT Limited, the trustee of the IPSO Employee Benefit Trust (the "Trust"), for 92,308 ordinary shares of 5p each ("Ordinary Shares") in the Company at a price of 65p per share.

These shares will be used by the Trust to satisfy the grants of shares to eligible employees. The directors of IPSO EBT Limited, being Michael Baines and Dr Peter Knox, are non-executive directors of the Company.

Application has now been made for the Ordinary Shares to be admitted to trading on AIM, which is expected to occur at 8.00am on 24 November 2008.

Following Admission, the Company will have 12,726,855 Ordinary shares in issue.

For further information, please contact:

IPSO Ventures plc Simon Hunt, Executive Chairman Nick Rodgers, Chief Executive Officer	Tel: 020 7395 1500 [email protected] [email protected] www.ipsoventures.com
Ambrian Partners Limited Tim Goodman	Tel: 020 7634 4711 [email protected]
Rawlings Financial PR Limited Catriona Valentine	Tel: 01653 618 016 [email protected] www.rawlingsfinancial.co.uk

ENDIOEBXBDBSBBGGII

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