CAPITAL STRUCTURE
| Current issued capital | Equivalent Ordinary Shares |
|---|---|
| Fully Paid Ordinary Shares of £0.20 each | 38,912,736 |
| Convertible Securities | |
| Convertible Bonds (term ends 30/11/2011) convertible to: | 9,532,000 |
| Convertible Loan Notes ("CLNs") (term ends 30/11/2011) convertible to: | 10,625,000 |
| Accumulated interest incurred on CLNs (as at 30/05/2010) convertible to | 1,017,496 |
| Options and Warrants convertible to: | 13,078,500 |
| Treasury Shares | Nil |
| Other Exchanges or Trading Platforms | N/A |
| Restrictions on Transfer of AIM Securities | N/A |