Result of General Meeting and Issue of Equity

Ideagen plc

("Ideagen" or the "Company")

Result of General Meeting and Issue of Equity

Further to the announcement of the acquisition of Plumtree Limited and the placing to raise £6m on 17 December 2012, Ideagen announces that all resolutions were passed at its general meeting held today. Following the resolutions being passed, the Company will issue 20,001,842 ordinary shares of 1p each ("Ordinary Shares") as part of the placing announced on 17 December 2012. Application has been made to the London Stock Exchange for 20,001,842 Ordinary Shares to be admitted to trading on AIM, admission is expected to take place at 8.00 a.m. on 10 January 2013.

The Company will also issue 7,275,270 Ordinary Shares as deferred consideration for the acquisition of Proquis Limited as detailed in the announcement regarding the acquisition of Proquis Limited on 23 December 2011. Application has been made to the London Stock Exchange for 7,275,270 Ordinary Shares to be admitted to trading on AIM, admission is expected to take place at 8.00 a.m. on 10 January 2013.

Following admission of, in aggregate 27,277,112 Ordinary Shares to trading on AIM on 10 January 2013, the total voting rights in the Company will be 121,235,776. This figure should be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Services Authority's Disclosure and Transparency Rules.