Issue of Shares

Amphion Innovations plc

Issue of Shares

London and New York, 24 March 2015 - Amphion Innovations plc (LSE: AMP) ("Amphion" or the "Company"), the developer of medical and technology businesses, today announces that, further to the announcements on 5 June 2014 and 9 September 2014, the Company has issued 1,298,646 ordinary shares to YA Global Master SPV, Ltd. at a price of £0.0266 per ordinary share as a share-based interest payment, which is equal to 95% of the average of the 5 daily Volume Weighted Average Prices from 9 March to 19 March. The shares represent 0.85% of the enlarged issued share capital.

Admission of the 1,298,646 new ordinary shares, ranking pari passu with the existing ordinary shares, is expected 1 April 2015. Following this allotment the total issued share capital of the Company will increase to 152,069,866 ordinary shares with each share holding one voting right.

For further information please contact

Amphion Innovations plcCharlie Morgan,+1 (212) 210 6224

Yellow Jersey PR Dominic Barretto / Philip Ranger/ Fiona Walker+44 7768 537 739Panmure Gordon Limited Freddy Crossley / Duncan Monteith (Corporate Finance)Charles Leigh-Pemberton (Corporate Broking)+44 020 7886 2500

Plumtree Capital Limited (Advisor to Amphion)

Stephen Austin

+44 207 183 2493

+1 646 568 7502

About Amphion Innovations plc Amphion (LSE: AMP) builds shareholder value in emerging companies in the medical and technology sectors, by using a focused, hands-on company building approach, based on decades of experience in both the US and UK. Amphion has significant shareholding in 7 Partner Companies developing proven technologies targeting substantial commercial marketplaces. The Amphion model has been refined to optimise the commercialisation of patents and other intellectual property within the Partner Companies. The Partner Companies collectively own or control over 200 separately identified pieces of intellectual property, a number which grows rapidly each year.

On the web: www.amphionplc.com