LTIP Options

PURECIRCLE LIMITED

("PureCircle" or "the Company")

Long Term Incentive Plan (LTIP) Options - New Options Granted and Exercised by Directors

PureCircle (LSE: PURE), the world's largest producer and marketer of high purity stevia provides an update of new options granted and options exercised and vested under the Company's LTIP.

The Board of PureCircle had on 10 July 2012 granted options to certain Directors of the Company. These options include:

(1) discretionary LTIP award granted to an Executive Director which shall vest on the third anniversary of the grant at Nil exercise price; and

(2) options granted to certain Non-Executive Directors in lieu of their fees covering 6-month period from 1 July 2012 to 31 December 2012. These options have an exercise price of GBP1.3715 per share (US$2.1343 per share), calculated based on 20 days weighted average closing price prior to 1 July 2012. These options shall vest on 1 January 2013.

Details of the options granted are provided in the table below.

Options previously granted to Non-Executive Directors have been vested and exercised on 10 July 2012 and were satisfied by the Company's Treasury shares at the exercise price of GBP1.15 per share (US$1.84 per share). Total options exercised were 36,600 and details are set out in the table below.

Following the above options exercised, total issued ordinary shares is 154,566,294 of which 38,142 are held as treasury shares. The number of voting rights in the Company is 154,528,152. This figure should be used by shareholders as the denominator for the notification of their interest in the Company under the FSA's Disclosure and Transparency Rules.

Application has been made to AIM for the shares released from treasury to be admitted to trading on AIM.