Result of AGM

Swallowfield Plc ('the Company')

Result of AGM

Swallowfield plc is pleased to announce that, with the exception of Resolution 11, all of the resolutions presented by the Board to members were duly approved at today's AGM. Following consultation with major shareholders the Board withdrew Resolution 9, set out in the Notice of AGM, which related to the authority of directors to allot new shares in the Company.

Resolution 11 was proposed by a major shareholder and would have had the effect of mandating the Board to appoint a further non executive director within 6 months of passing of the resolution. The reasons why the Board encouraged shareholders to vote against this resolution were set out in the Notice of AGM dated 7 October 2010.

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