Issue of Equity

31 August 2010

                                 Cubus Lux plc                                 

                        ("Cubus Lux" or the "Company")                         

                                Issue of Equity                                

The Company is pleased to announce that it has raised £321,845 through the
issue of 2,298,890 new ordinary shares of 10p each (the "Placing Shares") at
14p per share. The funds raised will be used to finance certain project costs
and short term working capital commitments.

The Placing Shares represent 9.6 per cent. of the Company's enlarged share
capital and application has been made for their admission to trading on AIM. It
is expected that dealings will commence at 8.00 a.m. on 6 September 2010.

Following this issue of shares, the Group will have an issued share capital of
23,881,441 ordinary shares of 10p each. As the Group does not hold any ordinary
shares in Treasury its total number of voting rights equals its capital. This
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 to their interest in the Company under the FSA's Disclosure and
Transparency Rules.

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

Cubus Lux plc         Steve McCann                     [phone]
                                                                           
Astaire Securities    Luke Cairns / Stuart Lane        [phone]
plc (Nomad)                                                                
                                                                           
Hybridan LLP (Broker) Claire Louise Noyce              [phone]
                                                                           
City Road             Pam Spooner                      [phone]
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