Replacement Statement re. Suspension

21 December 2012

Mentum Inc.

("Mentum" or the "Company")

Replacement

Statement re: Suspension of Trading

Replacement wording in the first paragraph now correctly refers to the year of the general meeting held on 15 December as 2011 (not 2012 as shown in the replaced statement).

Mentum (AIM: MEN), the AIM traded investing company, announces that, in accordance with Rule 15 of the AIM Rules for Companies ("Rule 15"), the Company's shares will today be suspended from trading on AIM as a result of the Company not having completed a reverse takeover or substantially implemented the investing policy approved by shareholders at the general meeting held on 15 December 2011 (the "Investing Policy") to the satisfaction of the London Stock Exchange within twelve months of becoming an investing company.

Accordingly, Mentum has a further six months from 21 December 2012 to make an acquisition which constitutes a reverse takeover or otherwise implement its Investing Policy. If its shares have not been re-admitted to trading on AIM within such six month period, the admission of the Company's shares to trading on AIM will be cancelled.

The Company is currently at an early stage in evaluating a potential acquisition target, which would constitute a reverse takeover transaction. As and when the Company is in a position to do so, an Admission Document in respect of the proposed admission to trading on AIM of the Company's enlarged share capital incorporating a Notice of General Meeting to seek shareholder approval for such an acquisition will be sent to shareholders.

A further announcement will be made as and when appropriate.