Purchase of Ordinary shares by Tim Eggar

Cape PLC

("Cape" or the "Company") (AIM: CIU)

Purchase of Ordinary shares by Tim Eggar

3 March 2011

Cape was notified on 2 March 2011 of the following purchase of the Company's ordinary shares of 25 pence ("Ordinary Shares") by Tim Eggar who, as announced on 2 March 2011, will take up an appointment as a Director and Non-Executive Chairman of the Company on 1 May 2011.

On 2 March 2011, Tim Eggar purchased 8,000 Ordinary Shares at a price of 415 pence per share, following which he has a beneficial interest in 8,000 Ordinary Shares, representing 0.007 per cent of the issued share capital and total voting rights of the Company.

This announcement has been made in the interests of transparency and not pursuant to the AIM Rules.

Enquiries:

Cape PLCJeremy Gorman, Company Secretary

Tel: +44 (0)20 7318 5485

M: CommunicationsPatrick d'Ancona or Ben SimonsTel. +44 (0)20 7920 2330

Numis Securities LimitedNominated Adviser: John Harrison, Managing Director Corporate FinanceCorporate Broker: James Serjeant, Director Corporate BrokingTel. +44 (0)20 7260 1000

JP Morgan Cazenove

Laurence Hollingworth, Head of UK Investment Banking

Patrick Magee, Managing Director, Corporate Finance

Tel. +44 (0)20 7588 2828