Update regarding General Meeting

Ultrasis plc

("Ultrasis" or the "Company")

Update regarding General Meeting of 14 April 2015

Further to the announcement of 31 March and the suspension of trading in the Company's shares, discussions with Mr Paul Bell are ongoing. The shares remain suspended.

Assuming the Company is able to proceed with the proposed Fundraising as detailed in the circular of 17 March 2015, it will need to provide a further update to ensure that Independent Shareholders are fully informed, prior to their approval being sought regarding the Waiver.

Accordingly, the Board intends to adjourn the shareholder meeting convened for 14 April 2015 (and the associated AGM).

The Company will update shareholders as further information becomes available.

Unless otherwise defined, all capitalised terms in this announcement shall have the meaning given to them in the Circular, which was posted to shareholders on 17 March 2015 and details of which were announced on that date

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