Crossword Cybersecurity plc: Issue of Shares

FOR:  CROSSWORD CYBERSECURITY PLC

GXG SYMBOL:  CCP

December 22, 2014

Crossword Cybersecurity plc: Issue of Shares

LONDON, UNITED KINGDOM--(Marketwired - Dec. 22, 2014) - Crossword Cybersecurity plc ("Crossword") the GXG Main Quote 
listed company with ISIN GB00BPFJXS57 is delighted to announce that pursuant to a placing it has raised GBP 250,000.

As a result 147,059 Ordinary shares of 5 pence each has been issued at a consideration of 170 pence per share.

As a result of the placing the interests of the Directors is as follows:

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                                 Number of Issued      Percentage of Issued 
 Name                             Ordinary Shares           Ordinary Shares 
----------------------------------------------------------------------------
 Thomas Ilube                           1,177,885                    73.90% 
----------------------------------------------------------------------------
 John Bottomley                            21,102                     1.32% 
----------------------------------------------------------------------------
 Dr David Secher                           21,102                     1.32% 
----------------------------------------------------------------------------
 Professor David Stupples                     Nil                       Nil 
----------------------------------------------------------------------------

In addition the Directors are aware that the following shareholders will be interested, directly or indirectly, in 3 
per cent or more of the votes able to be cast at general meetings of the Company.

----------------------------------------------------------------------------
                               Number of Ordinary      Percentage of issued 
 Shareholder                               Shares           Ordinary Shares 
----------------------------------------------------------------------------
 Steven Gee                               112,867                     7.08% 
----------------------------------------------------------------------------
 Maurice Zimmerman                        112,867                     7.08% 
----------------------------------------------------------------------------
 Tariq Hussain                             66,764                     4.19% 
----------------------------------------------------------------------------

The total issued share capital is now 1,593,934 Ordinary shares of 5 pence each.

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FOR FURTHER INFORMATION PLEASE CONTACT:

Crossword Cybersecurity Plc
Tom Ilube - CEO
[phone]
[e-mail]
Twitter: @crosswordcyber
www.crosswordcybersecurity.com

OR

Alfred Henry Corporate Finance Limited
Nick Michaels and Jon Isaacs
GXG Corporate Advisor
[phone]
www.alfredhenry.com

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Crossword Cybersecurity plc