EGM Requisition

nanoUniverse PLC
2 July 2001

                               NANOUNIVERSE PLC

                      ('nanoUniverse' or 'the Company')



                               EGM Requisition

On the evening of Thursday 28 June a notice was served on the Board of
nanoUniverse Plc (the 'Company') by Laxey Partners Limited and Laxey Investors
Limited requiring the Board to convene an extraordinary general meeting of the
Company to consider:-


 1. a special resolution to:-

     a. reduce the share premium account of the Company to create a new special
        reserve to be available to the Company to fund a purchase of its own
        ordinary shares;

     b. take authority for the Company to make market purchases of up to 90% of
        its ordinary shares; and

     c. authorise and instruct the directors of the Company to conduct a tender
        offer for 90% of its issued ordinary shares at a price representing
        the net asset value of each such share (after allowing for costs and
        subject to the rules of any relevant Stock Exchange);

 2. ordinary resolutions to:-

     a. appoint each of Andrew Pegge, Colin Kingsnorth, Andrew Leasor and
        Rupert Lea to the Board of the Company; and

     b. remove from the Board Stuart Ells and any director that may be
        appointed to the Board after 28 June but prior to the date of the
        resolution (other than those named in (a) above).

The Board will be sending shareholders the full text of the proposed
resolutions and its response in the near future.

                                                                  02 July 2001




Enquiries:
College Hill          Tel: [phone]
Nicola Weiner         Email: [e-mail]
Clare Warren          Email: [e-mail]