Results of Placing

Snoozebox Holdings plc

("Snoozebox")

RESULTS OF PLACING

Snoozebox Holdings plc (AIM: ZZZ), a leading provider of portable hotel accommodation, announces that further to the announcement made on 16 April 2014 in relation to the proposed Placing of up to £11 million, it has now closed the Additional Placing. Consequently the total amount raised is £10,300,000.

Pursuant to the current timetable it is anticipated that the 103,000,000 new Ordinary Shares to be issued pursuant to the Placing will be admitted to trading on AIM on 7 May 2014.

The Placing is conditional, inter alia, on the passing of the Resolutions at the General Meeting by theexisting Shareholders, the waiver of pre-emption rights contained in the Articles and the placing agreement between Snoozebox and Panmure Gordon not being terminated in accordance with its terms.

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