Portfolio Update

10 December 2013 Vela Technologies plc ("Vela" or the "Company") Portfolio Update Vela announces the following updates in relation to its investment portfolio: Stream TV Networks Inc. ("Stream TV") Stream TV Networks Inc. has teamed with online electronics giant Newegg Inc. tosupport Stream TV's expected retail debut in 1Q2014 with the first publicretail demonstration of its Ultra-D 4K 2160p glasses-free 3D TV technology.Newegg is well known for bringing new and exciting electronics to the globalmarket. The one-week special preview at Newegg's new consumer showroom in theCity of Industry, California, offered Newegg customers an opportunity toexperience Stream TV's Ultra-D display in stunning 50-inch 4K clarity.Integrating a 4K panel into Stream TV's proprietary hardware optical system,the Ultra-D 2160p display, with 4 times more pixels than a 1080p full HDscreen, is designed to deliver the sharpest 3D experience outside of the cinema- without any viewing angles, distortion or the need for 3D glasses. Viewerscan watch any type of 2D or 3D source content using Stream TV's real timeconversion algorithms to transform everything into customized 3D withoutglasses. The Company has a $100,000 minority shareholding in Stream TV. eSeekers Limited ("eSeekers")/Disruptive Tech Limited ("DTL") eSeekers and DTL are expected shortly to complete the business combinationreferred to in the Company's 15 August 2013 announcement, giving Vela a 0.63per cent. interest in DTL. DTL has recently completed an external investmentround to raise £16.0m at a pre-money valuation of £75.0m, allowing it to add toits holdings in Freeformers, a digital training business, and Deep Ventures, anaccelerator of early stage tech businesses. Both Freeformers and Deep Venturesare registered in England and Wales and are co-located in London. Vela's £250,000 investment in eSeekers was made at a Group post-money valuation of £40.0m. Portr Limited ("Portr") The Company has been informed that Portr continues to develop its network ofpartnerships and B2B sales channels within the aviation and hospitalityindustries to support the launch of the AirPortr™ service in early 2014. Allrequired legal and regulatory approvals required to launch AirPortr™'scommercial luggage transfer service at Heathrow Airport have now been obtained.The Company has a £50,000 2 per cent. shareholding in Portr. Rosslyn Analytics Limited ("Rosslyn") Rosslyn continues to make progress operationally ahead of its expectedflotation in 2014. The Company has a £115,000 convertible preference shareinvestment in Rosslyn. Advance Laser Imaging Limited ("ALI") The Company has been informed that ALI has won its first commercial contract toutilise its laser scanning hardware and software applications to produce 360degree 3D images and models. Vela has a £75,000 6.25 per cent. shareholding inALI. New Corporate Website Vela is also pleased to announce the re-launch of its company websitewww.veltatechplc.com. Ends For further Information: Brent Fitzpatrick, Non-Executive Chairman e-mail [email protected] Antony Laiker, Director 0207 330 1885 Vela Technologies plc ZAI Corporate Finance, Nomad Tel 020 7060 2220 Peter Trevelyan-Clark/ Tim Cofman/Wei Wang Peterhouse Corporate Finance, Broker Tel 020 7469 0932 Eran Zucker