Rule 2.10 Announcement

ECO Securities Rule 2.10 Announcement EcoSecurities Group plc 1 October 2009 EcoSecurities Group plc ("EcoSecurities") Announcement of number of relevant securities in issue Dublin, Ireland - EcoSecurities announces that in accordance with Rule 2.10 of the Irish Takeover Panel Act 1997, Takeover Rules 2007-2008 (as amended), it has, at the close of business on 30 September 2009, 118,238,852 ordinary shares of EUR0.0025 each ("Ordinary Shares") in issue and admitted to trading on AIM under the ISIN code IE00B0PR8X46. Furthermore, EcoSecurities confirms that there are, at the close of business on 30 September 2009, 7,634,230 share options that have been granted by the Company and that are presently outstanding, with an option price per Ordinary Share ranging from GBP0.039 to GBP2.73. Of such outstanding options, 2,171,024 were granted under the 2003 Share Option Plan, 2,457,206 were granted under the 2005 Share Option Plan adopted by the shareholders on 23 November 2005 and 3,006,000 were granted under the 2005 Share Option Plan adopted by the shareholders on 9 December 2005. Contacts: EcoSecurities +353 (0)1 613 9814 PJ Browne, Company Secretary RBS Hoare Govett +44 (0) 20 767 88000 Justin Jones Hugo Fisher Citigate Dewe Rogerson +44 (0) 20 7638 9571 Kevin Smith Further information The directors of EcoSecurities accept responsibility for the information contained in this announcement. To the best of the knowledge and belief of the directors of EcoSecurities (who have taken all reasonable care to ensure that such is the case), the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information. RBS Hoare Govett Limited which is authorised and regulated in the United Kingdom by the Financial Services Authority is acting exclusively for EcoSecurities and for no-one else in connection with this matter and will not be responsible to anyone other than EcoSecurities for providing the protections afforded to clients of RBS Hoare Govett Limited or for providing advice in relation to this matter or any other matters referred to in this announcement. Dealing disclosure requirements Under the provisions of Rule 8.3 of the Irish Takeover Rules, if any person is, or becomes, "interested" (directly or indirectly) in, one per cent or more of any class of "relevant securities" of EcoSecurities, all "dealings" in any "relevant securities" of EcoSecurities (including by means of an option in respect of, or a derivative referenced to, any such "relevant securities") must be publicly disclosed by not later than 3.30pm (Dublin time) on the business day following the date of the relevant transaction. This requirement will continue until the date which is the later of the date on which (1) the Revised Guanabara Offer (as defined below) becomes, or is declared, unconditional as to acceptances or lapses or is otherwise withdrawn or on which the "offer period" otherwise ends (whichever is the earlier) or (2) the Increased Offer (as defined below) becomes, or is declared, unconditional as to acceptances or lapses or is otherwise withdrawn or on which the "offer period" otherwise ends (whichever is the earlier). If two or more persons co-operate on the basis of any agreement, either express or tacit, either oral or written, to acquire an "interest" in "relevant securities" of EcoSecurities, they will be deemed to be a single person for the purpose of Rule 8.3 of the Irish Takeover Rules. Under the provisions of Rule 8.1 of the Irish Takeover Rules, all "dealings" in "relevant securities" of EcoSecurities by an "offeror" or EcoSecurities, or by any of their respective "associates" must also be disclosed by no later than 12 noon (Dublin time) on the business day following the date of the relevant transaction. A disclosure table, giving details of the companies in whose "relevant securities" "dealings" should be disclosed can be found on the Irish Takeover Panel's website at www.irishtakeoverpanel.ie. "Interests in securities" arise, in summary, when a person has long economic exposure, whether conditional or absolute, to changes in the price of securities. In particular, a person will be treated as having an "interest" by virtue of the ownership or control of securities, or by virtue of any option in respect of, or derivative referenced to, securities. Terms in quotation marks are defined in the Irish Takeover Rules, which can also be found on the Irish Takeover Panel's website. If you are in any doubt as to whether or not you are required to disclose a dealing under Rule 8, please consult the Irish Takeover Panel's website at www.irishtakeoverpanel.ie or contact the Irish Takeover Panel on telephone number +353 (0)1 678 9020; fax number +353 (0)1 678 9289. A copy of the documents listed as available for inspection in EcoSecurities' response circular to the offer of 77 pence per ordinary share made by Guanabara dated 4 August 2009 (the "Original Guanabara Offer") and a copy of all announcements made by EcoSecurities since 5 June 2009 in relation to the Original Guanabara Offer, and the increased offer of 90 pence made by Guanabara on 4 September 2009 ("Revised Guanabara Offer"), will be available for inspection at the offices of Matheson Ormsby Prentice, 70 Sir John Rogerson's Quay, Dublin 2 during normal business hours on any weekday (Saturday, Sunday and public holidays excepted) whilst the Revised Guanabara Offer remains open for acceptance. A copy of the documents listed as available for inspection in Carbon Acquisition Company Limited's recommended cash offer document dated 25 September 2009 setting out the terms of the increased offer of 105 pence per ordinary share made by Carbon Acquisition Company Limited (the "Increased Offer") and a copy of all announcements made by EcoSecurities in relation to the original offer of 100 pence per ordinary share made by Carbon Acquisition Company Limited on 15 September 2009 and the Increased Offer, will be available for inspection at the offices of Matheson Ormsby Prentice, 70 Sir John Rogerson's Quay, Dublin 2 during normal business hours on any weekday (Saturday, Sunday and public holidays excepted) whilst the Increased Offer remains open for acceptance. END ---END OF MESSAGE--- This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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