Result of EGM

MedaVinci plc

("MedaVinci" or the "Company")

Result of General Meeting, Readmission, Change of Name to Orogen Gold Plc and

Approval for the Reopening of Access to Historic Mines at the Deli Jovan Gold Project

Result of General Meeting and Change of Name to Orogen Gold plc

Further to the announcement on 16 February 2011, and the admission document of the same date, the Board is pleased to announce that, at the General Meeting held earlier today, all resolutions, including those resolutions relating to the acquisition of remaining 51 per cent of Orogen Gold Limited and the change of name to Orogen Gold Plc, were duly passed by Shareholders.

The name change to Orogen Gold Plc (ORE.L) and readmission of the Company's entire issued share capital to AIM are expected to become effective at 8.00 am on 7 March 2011.

Board Changes

Conditional upon Admission, John Barry, Ed Slowey and Alan Mooney will be appointed to the Board as Chairman, Chief Executive Officer and Finance Director respectively and Paul Foulger, Michael Hough and Glyn Hirsch will step down from the Board. Paul Foulger will continue working with the Company as Company Secretary.

Approval for the Reopening of Access to Historic Mines at the Deli Jovan Gold Project

The Company is also pleased to report that the plan for the re-opening of access to the historic gold mines at Rusman and Gindusa at the Deli Jovan Gold Project has now been approved by the Serbian Ministry of Mining and Energy. Deli Jovan Exploration d.o.o. ("DE"), the joint venture company in which Orogen Gold Limited has the right to earn an interest pursuant to the Earn in Agreement, will now appoint a local contractor to commence the rehabilitation of the old mine workings which will facilitate detailed mapping and sampling of the workings.

The planned DE underground and surface exploration programme is aimed at demonstrating the continuity and grade of the Deli Jovan mineralisation and obtaining samples for ore processing recovery test work, which will feed into planning for the re-development of this historic gold mining district.

Total Voting Rights

Following Admission, the Company will have a single class of shares being Ordinary Shares of 0.1 pence each and there will be 1,669,012,453 Ordinary Shares in issue, each carrying one vote per Ordinary Share. The Company does not hold any Ordinary Shares in treasury. The total number of voting rights in the Company's Ordinary Shares will be 1,669,012,453 and this number may be used by shareholders as the denominator in calculations to determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Services Authority's Disclosure and Transparency Rules.

Adam Reynolds, Chairman of Medavinci Plc, commented:

"I am delighted that shareholders have approved the acquisition of the remaining 51 per cent of Orogen Gold Limited and welcome John Barry, Ed Slowey and Alan Mooney to the Board. The approval for the reopening of the two mines at the Deli Jovan Gold Project is another significant step. We have an exciting gold project in Deli Jovan which I believe will significantly enhance shareholder value."

Definitions in this announcement are consistent with those set out in the admission document issued to shareholders of the Company and dated 16 February 2011, a copy of which is available on the Company's website: www.medavinciplc.com. From 7 March 2011, the Company's website address will change to www.orogengold.com, to reflect the change of name.

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