Result of Open Offer

PURE WAFER PLC

(AIM: PUR)

Result of Open Offer

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, announced on 22 October 2012 a share issue to raise a total of up to £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 up to 14,111,410 New Ordinary Shares at 3.5 pence per share to Qualifying Shareholders pursuant to the Open Offer to raise up to £0.49 million ($0.79 million)(approx.) (before expenses).

The Open Offer closed for applications at 5 p.m. on 12 November 2012 and the Company announces that valid applications under the Open Offer have been received for over the maximum of 14,111,410 New Ordinary Shares from Qualifying Shareholders. Therefore, as stated in the Circular and in accordance with the terms and conditions of the Open Offer, applications under the Excess Application Facility will be allocated in a manner that the Directors believe appropriate. Excess monies in respect of applications which are not met in full will be returned to the applicant (at the applicant's risk) without interest as soon as practicable thereafter by way of cheque or CREST payment, as appropriate.

Taken together with the Placing Shares, this will, if the conditions to the Placing and Open Offer are satisfied, result in the allotment of a total of 128,397,125 New Ordinary Shares, raising £4.49 million ($7.19million) (approx.) (before expenses).

The Placing and Open Offer remain conditional upon inter alia the approval of Shareholders at the General Meeting and upon Admission occurring by 8 a.m. on 15 November 2012 (or such later time or date being not later than 8 a.m. on 30 November 2012 as the Company and WH Ireland may determine).

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.