Issue of Equity

Avacta Group PLC 10 March 2008 Avacta Group plc Issue of Equity Avacta Group plc (the 'Company') announces that 375,350 ordinary shares of 0.1p each ('Ordinary Shares') have been issued at a price of 5.49 pence per share pursuant to contractual obligations for services provided to the Company. The Company also announces that, as anticipated in the announcement by the Company dated 14 December 2007, a further 21,954,035 Ordinary Shares have been issued following the acquisition of Oxford Medical Diagnostics Limited and subsequent agreement of the completion balance sheet. Application has been made for 22,329,385 new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 14 March 2008. The total number of Ordinary Shares in issue following the above issue will be 823,136,812. 10 March 2008 Enquiries: Avacta Group plc Tel: 0870 835 4367 Tim Sykes, Chief Financial Officer WH Ireland Limited Tel: 0161 832 2174 David Youngman/Robin Gwyn BankOra Limited Tel: 020 7562 4700 Michael Brennan/Henry Turcan Nexus Financial Limited Tel: 020 7451 7050 Nicholas Nelson/Kathy Boate This information is provided by RNS The company news service from the London Stock Exchange
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