21 February 2008

Inspicio plc ("Inspicio" or the "Company")

Cancellation of admission

The Company announces that it has applied to the London Stock Exchange for the cancellation of trading of Inspicio's shares on AIM. In accordance with the rules of AIM, cancellation will take place no earlier than 20 business days from today's date and it is currently anticipated that cancellation will take effect from 7.00 a.m. on 25 March 2008.

This follows the announcement on 4 February 2008 by Angus Newco Limited that its recommended offer to acquire the whole of the issued and to be issued share capital of Inspicio had been declared wholly unconditional and that it intended to procure that Inspicio applied for the cancellation of trading of the Company's shares on AIM. In the same announcement, Angus Newco stated that it intended, pursuant to its rights under section 979 of the Companies Act 2006, to acquire compulsorily all of the Inspicio shares in respect of which valid acceptances of the offer had not been received.

Inspicio shareholders should note that cancellation is likely to reduce significantly the liquidity and marketability of Inspicio shares. Once cancellation has taken effect, Inspicio shareholders will no longer be able to effect transactions in Inspicio shares on market at the market price. Following cancellation, therefore, Inspicio shareholders will have to effect any further transactions in Inspicio shares off market at a price to be agreed between the relevant parties.

The full announcement can be viewed here.

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