Issue of equity

07 July 2009

The Company announces that application has been made for 42,500 ordinary shares of 0.5p each in the Company ("Ordinary Shares") to be admitted to trading on the AIM market of the London Stock Exchange ("Admission"). The new Ordinary Shares are being issued pursuant to the exercise of options by an employee.

 The new Ordinary Shares rank pari passu with the Company's existing Ordinary Shares and Admission is expected to become effective on 10 July 2009.
 
Following Admission, the Company will have 173,941,554 Ordinary Shares in issue with each share carrying the right to one vote.

There are no shares held in Treasury.

The total number of voting rights in LiDCo is therefore 173,941,554

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, Intercede, under the Disclosure and Transparency Rules.

For more information please contact:

Media enquiries