Result of AGM & General Meeting

PURE WAFER PLC

(AIM: PUR)

Result of AGM & General Meeting

Pure Wafer plc ("Pure Wafer" or "the Company"), a provider of high quality silicon wafer reclaim services for many of the world's leading semiconductor manufacturers as an integral part of their cost control programmes, announces that, at the Annual General Meeting and General Meeting held today, all resolutions were duly passed. Accordingly, the Placing and Open Offer announced on 22 October 2012 is expected to complete, conditional on Admission, on 15 November 2012.

Further to the announcement on 13 November 2012 the Company confirms that valid applications under the Open Offer have been received for 14,111,410 New Ordinary Shares from Qualifying Shareholders.

Therefore, the total amount subscribed by Placees and Qualifying Shareholders in the Fundraising is £4.49 million ($7.19 million) (approx.) (before expenses) by way of:

·; a Placing of 114,285,715 New Ordinary Shares at 3.5 pence per share to the Placees to raise £4.0 million ($6.4 million) (before expenses); and

·; a further issue of 14,111,410 New Ordinary Shares at 3.5 pence per share to Qualifying Shareholders pursuant to the Open Offer to raise £0.49 million ($0.79 million) (approx.) (before expenses).

The following directors have participated in the Placing:

The Company also announces that Stephen Boyd, Non-executive Chairman, has exercised 12,508,107 Placee Warrants at a price of 2 pence per new Ordinary Share. Following the exercise, Stephen Boyd holds 20,008,107 Ordinary Shares, representing approximately 7.47% of the Enlarged Share Capital.

Application for 140,905,232 Ordinary Shares to be admitted to trading on AIM has been made and admission of 128,397,125 Ordinary Shares is expected to occur on 15 November 2012 and 12,508,107 Ordinary shares is expected to occur on 20 November 2012. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue.

In accordance with the provisions of the Disclosure and Transparency Rules of the Financial Services Authority, the Company confirms that, following this issue, its issued share capital will comprise 267,907,925 Ordinary Shares of 2p each. All of the Ordinary Shares have equal voting rights and none of the Ordinary Shares are held in Treasury. The total number of voting rights in the Company is therefore 267,907,925.

This announcement should be read in conjunction with the full text of the Circular posted to Shareholders on 22 October 2012, copies of which are available on the Company's website at www.purewafer.com. Capitalised terms in this announcement have the same meaning as given in the Circular.