Results of General Meeting

Havelock Europa PLC

("Havelock" or the "Company")

Results of General Meeting

The Company is pleased to announce that the resolution to approve the sale of Showcard Print Limited to Ingleby (1884) Limited, as detailed in the circular to shareholders dated 7 April 2012, was duly passed at the General Meeting held at 11.00 a.m. today. The resolution was passed by the required majority on a show of hands. A summary of the proxy votes on the resolution is given below:

*The "votes in favour" includes votes giving the Chairman discretion.

** A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of votes for or against the resolution.

Completion of the Disposal remains conditional on the satisfaction of certain conditions contained in the facility agreement between Ingleby (1884) Limited and its debt provider. It is expected that this condition will be satisfied by Ingleby (1884) Limited, and that the Transaction will complete, by 30 April 2012.

Unless the context requires otherwise, capitalised terms used in this announcement have the same meanings as in the circular dated 7 April 2012.

Investec, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for Havelock and no one else in connection with the Disposal and this announcement and will not be responsible to anyone other than Havelock for providing the protections afforded to clients of Investec nor for providing advice in connection with the Disposal or this announcement or any matter referred to herein.