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Statement re. Suspension

3rd Feb 2006 07:00

Lupus Capital PLC03 February 2006 For immediate release 2 February 2006 Lupus Capital plc ("Lupus") Temporary suspension of listing Further to its announcement of 1 February 2006, Lupus has requested a suspensionof the trading of its ordinary shares as the potential acquisition, ifcompleted, would be classified as a reverse takeover under the Listing Rules. The suspension will continue pending the publication of a listing document inrelation to the transaction or in the event that discussions are terminated anannouncement to that effect. Alan Frame (Equity Development) 0207 405 7777 Nick Donald (HSBC) 0207 992 2151 This information is provided by RNS The company news service from the London Stock Exchange

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