CAPITAL STRUCTURE
| Current issued capital | Ordinary Shares |
|---|---|
| Fully Paid Ordinary Shares of £0.20 each | 38,912,736 |
| Convertible securities | |
| Convertible Notes (term ends 30 November 2011) convertible to: | 9,532,000 |
| Convertible Loan Notes (term ends 30 November 2011) convertible to: | 10,625,000 |
| Options and Warrants (convertible at average price £0.74) convertible to: | 12,323,500 |
| Treasury Shares | Nil |
| Other Exchanges or Trading Platforms | N/A |
| Restrictions on Transfer of AIM Securities | N/A |