Result of General Meeting

5 August 2013

Result of General Meeting

At the General Meeting of Phytopharm plc held today, all of the proposed resolutions were duly passed by the required majority. 

In accordance with Listing Rule 9.6.2R, a copy of the resolutions passed as special business at the General meeting will shortly be available for inspection at the National Storage Mechanism at www.morningstar.co.uk/uk/nsm.

The proxy voting results will shortly be available on the Company's website www.phytopharm.com

As a consequence of the resolution relating to cancellation of the Company's listing, share capital consolidation and investing policy being approved at the General Meeting, the Company will apply to cancel the listing of the Ordinary Shares of the Company on the Official List and to trading on the London Stock Exchange's main market for listed securities, and will apply to the London Stock Exchange for admission of the Ordinary Shares to AIM.

The shares are currently suspended and the listing of the Ordinary Shares on the Official List will be cancelled at 8.00 a.m. on 3 September 2013, being not less than 20 Business Days from the passing of the resolution relating to the cancellation of the listing.

Admission to AIM is expected to take place at 8.00 a.m. on 3 September 2013. The shares will continue to remain suspended until a further announcement is made regarding a potential transaction.

Enquiries:

Phytopharm plc

Tim Sharpington CEO

Zoe McGowan Company Secretary

+44 1480 437 697

www.phytopharm.com

Financial Adviser and Proposed Nominated

Adviser:

Peel Hunt LLP

James Steel

Vijay Barathan

+44 207 418 8900

UK Investor Relations contact:

FTI Consulting Limited

John Dineen

Ben Atwell

+44 207 831 3113