Result of AGM

29 June 2012

Cellcast plc

("Cellcast", or the "Company")

Result of AGM

Cellcast announces that at the Company's annual general meeting ("AGM"), held earlier today, all resolutions were duly passed.

At the AGM, Andrew Wilson, CEO, made the following statement:

"Trading for the current financial year has been in line with management's expectations. As announced in our full year results on 01 June 2012 the Company recorded a reserve against amounts owed to it by Cellcast India in which the Company maintains a 12% stake. In this regard the Board is evaluating all options as regards to full recovery of amounts owed to the Company including, but not limited to, options under which the Company would participate in joint recovery actions against both Cellcast India and related parties."

For further information: