Change of Adviser

Cubus Lux plc                                 

                        ("Cubus Lux" or the "Company")                         

                               Change of Adviser                               

Cubus Lux, the Croatia-focused leisure resort operator and developer, is
pleased to announce the appointment of Hybridan LLP as broker to the Company
with immediate effect.

For further information please see www.cubuslux.com or contact:

Steve McCann
Cubus Lux plc
[phone]

Simon Sacerdoti/Liam Murray, Nominated Adviser
Dowgate Capital Advisers Limited
[phone]

Claire Louise Noyce/Stephen Austin, Broker
Hybridan LLP
[phone]

Pam Spooner
City Road Communications
[phone]
[phone]