Notice of General Meeting, Signed Heads of Terms

7 May 2014

Coral Products plc

("Coral" or the "Company")

Notice of General Meeting, Signed Heads of Terms

Coral has today published a circular to shareholders convening a general meeting to be held at the Company's registered office at North Florida Road, Haydock Industrial Estate, Haydock, Merseyside WA11 9TP on 23 May 2014 at 11:00 a.m. seeking shareholders' approval to increase the Directors' authority to allot new ordinary shares on a non-pre-emptive basis. The circular is available for download on the Company's website at www.coralproducts.com.

In accordance with its long-term strategy of acquiring complementary injection-moulded plastics businesses, the Company has signed non-binding heads of terms with two acquisition targets ("Targets"), consideration for which, if completed, would be satisfied by a combination of cash and the issue of new Ordinary Shares in the Company ("Acquisitions").

Whilst there is no certainty that either of the Targets will be acquired, the Company is seeking shareholders' approval to increase the Directors' authority to allot new ordinary shares on a non-pre-emptive basis to enable the Directors to complete the Acquisitions should the Company agree binding terms in due course. Neither of the Acquisitions constitutes a reverse takeover as defined by the AIM Rules and therefore, should the Company proceed with the Acquisitions, these will not be subject to shareholders' approval.

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