Issue of Shares

3 October 2012

Artilium plc (the "Company")

Issue of Shares

The Company announces that following shareholder approval gained at the recent general meeting held on 11 September 2012, the Company issued new ordinary shares of 5p each in the capital of the Company ("Ordinary Shares") in the aggregate amount of 10,438,051 at an issue price of 8.5p per Ordinary Share (the "Service Shares") to certain service providers and directors.

Following the issue of the Service Shares, certain directors' interests in the Company are as follows:

In addition, as described in the Notice of General Meeting dated 23 August 2012, the Company issued 8,611,762 new Ordinary Shares at a price of 8.5p per Ordinary Share following the conversion of certain loan notes.

The Company also announces that, a further 1,571,669 new Ordinary Shares were issued to certain holders of financial assets in lieu of principal repayment and cash interest at an issue price of 8.5p per Ordinary Share.

Application has been made for 20,621,482 new ordinary shares in the Company to be admitted to AIM and it is expected that trading in the shares will commence on 4 October 2012.

Following this issue of Ordinary Shares, the Company advises that its capital now consists of 207,328,861 Ordinary Shares. The voting rights of these shares are identical with each share carrying the right to one vote. The total number of voting rights in the Company is 207,328,861.

The above figure of 207,328,861 may be used by shareholders of the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.

End

For further information contact: