Result of AGM and Trading Update

17 February 2010



Nasstar plc

("Nasstar" or the "Company")

Results of Annual General Meeting & Trading Update

Nasstar is pleased to announce that at the Company's Annual General Meeting, held today at the Company's registered office 14-18 Old Street, London EC1V 9BH, all resolutions put to shareholders were duly passed.

At the meeting the Company's Chairman, Lord Daresbury, made the following statement:

"Since the release of the preliminary results for the year ended 30 September 2009 Nasstar has continued to build momentum with sales and the partner programme. 32 partners have now signed up to the Nasstar partner programme, with a further 8 who have entered discussions or undertaken training and initial interest from an additional 12. The Company is trading in line with the Board's expectations and sales from both the partner programme and direct marketing give the Directors confidence in the Company's expected future growth. A further update on trading will be provided with the interim results that cover the period to 31 March 2010."

For further information please visit www.nasstar.com or enquire to:

About Nasstar plc

Nasstar (www.nasstar.com) provides computing over the internet, enabling subscribers to do all of their computing in the internet cloud, with access to their desktop, files, applications and email over the internet rather than on-premise. Cloud computing is a highly scalable service that provides benefits including anywhere access to computing and provides an alternative to traditional locally installed on-premise computing.

Nasstar was founded in 1998 by Charles Black. Nasstar plc was admitted to trading on the London Stock Exchange Alternative Investment Market in December 2005 (AIM: NASA).