Result of AGM

25 July 2013

Mentum Inc.

("Mentum" or the "Company")

Result of AGM

Mentum (AIM:MEN), the AIM listed investing company, announces that at the Company's AGM held earlier today, all resolutions were duly passed.

Related-party transaction

The Company also announces that following the AGM, Mentum has entered into an agreement with Stanhill Capital Partners Holdings Limited for the provision of accounting and company secretarial services at an annual cost of GBP 36,000 per annum (the "Agreement"). As Stanhill Capital Partners Holdings Limited is a company which is part of the same group as Stanhill Special Situations Fund Limited, ECK Partners (Holdings) Limited and Bleachers Investments Limited, who collectively own 13.26 per cent. of the issued share capital of Mentum, this is a related-party transaction under the AIM Rules. Accordingly, the Directors of Mentum, having consulted with ZAI Corporate Finance Limited, the Company's Nominated Adviser, consider that the terms of the Agreement are fair and reasonable in so far as the Company's shareholders are concerned.

**ENDS**