Statement re Possible Offer

16 April 2010

Weatherly International plc

("Weatherly" or "the Company")

The board of directors of Weatherly ("Board") notes the recent rise in the Company's share price. The Board confirms that it has received an expression of interest in pursuing a business combination from a third party but that no offer or outline of terms has been discussed with or put to the Board or its advisers at this time. There can be no guarantee that a formal offer will be forthcoming or, if an offer is forthcoming, that any such offer will be on terms that are acceptable to the Board of Weatherly.

The Board advises shareholders to take no action at this time.

Enquiries:

Richard Greenfield, Ambrian Partners Limited

+44 (0) 20 7634 4700

Rule 2.10

Pursuant to Rule 2.10 of the Code, the Company would like to confirm that as at today's date the issued share capital consists of 445,893,427ordinary shares of 0.5 pence each. Accordingly, the number of ordinary shares carrying voting rights is 445,893,427. The ISIN reference number for these securities is GB00B15PVN63

Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the Takeover Code (the "Code"), if any person is, or becomes, "interested" (directly or indirectly) in 1% or more of any class of "relevant securities" of Weatherly International plc, all "dealings" in any "relevant securities" of that company (including by means of an option in respect of, or a derivative referenced to, any such "relevant securities") must be publicly disclosed by no later than 3.30 pm (London time) on the London business day following the date of the relevant transaction. This requirement will continue until the date on which the offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the "offer period" otherwise ends. If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire an "interest" in "relevant securities" of Weatherly International plc, they will be deemed to be a single person for the purpose of Rule 8.3.

Under the provisions of Rule 8.1 of the Code, all "dealings" in "relevant securities" of Weatherly International plc by Weatherly International plc, or by any of its respective "associates", must be disclosed by no later than 12.00 noon (London time) on the London business day following the date of the relevant transaction.

A disclosure table, giving details of the companies in whose "relevant securities" "dealings" should be disclosed, and the number of such securities in issue, can be found on the Takeover Panel's website at www.thetakeoverpanel.org.uk.

"Interests in securities" arise, in summary, when a person has long economic exposure, whether conditional or absolute, to changes in the price of securities. In particular, a person will be treated as having an "interest" by virtue of the ownership or control of securities, or by virtue of any option in respect of, or derivative referenced to, securities.

Terms in quotation marks are defined in the Code, which can also be found on the Panel's website. If you are in any doubt as to whether or not you are required to disclose a "dealing" under Rule 8, you should consult the Panel.