Microfuze Changes Name to Watermark Global Plc

Microfuze International plc

                                           Result of EGM

At the Extraordinary General Meeting of the Company held today, the resolution to change the name
of the Company to Watermark Global Plc was passed by shareholders. The change of name will become
effective following registration at Companies House.

7 February 2008

Enquiries

Dirk Kotze, Microfuze International plc            [phone]
Hugh Oram, Nabarro Wells                           [phone]
Henry Gewanter, Positive Profile                   [phone]

MicroFuze International plc