Statement re Change in director shareholding

CROSSWORD CYBERSECURITY PLC
CHANGE IN DIRECTOR SHAREHOLDING

Crossword Cybersecurity Plc (the "Company") the GXG Main Quote listed company with ISIN GB00BPFJXS57 wishes
to announce that in order to satisfy demand for the Company's shares and allow an orderly market to exist
there has been a sale of shares by Tom Ilube, a director of the Company.

The Company was been notified on 16 October 2014 that Mr Ilube sold 3,000 Ordinary shares at a price of GBP
1.60 per share.

As  a result Mr Ilube now has an interest in 1,168,875 Ordinary shares representing 80.79% of the Company's
share capital.

The Directors of the Issuer accept responsibility for this announcement.

FOR FURTHER INFORMATION PLEASE CONTACT:

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

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

16 October 2014

-  ENDS  -

Crossword Cybersecurity plc