Result of EGM

Prodesse Investment Limited
12 October 2006


12 October 2006

                  Prodesse Investment Limited (the 'Company')

    Extraordinary General Meeting - Shareholders vote in favour of the board

At the Extraordinary General Meeting of the Company held today at the offices of
RBSI Fund Services (Guernsey) Limited, Royal Bank Place, 1 Glategny Esplanade,
St Peter Port, Guernsey, GY1 6BH at 11.30am, polls were held in respect of
resolutions 1 to 5. The results as certified by RBSI (Guernsey) Limited
Registrars are detailed below.

The poll results were as follows:

Resolution 1 (That each of Messrs. John Hallam, Talmai Phillip Morgan,
Christopher Wade Sherwell, and Ronald Daniel Kazel (together, for the avoidance
of doubt, with any alternate or substitute directors appointed by the Board
prior to the date of consideration of this resolution) be and is hereby removed
from his office as a director of the Company with effect from the close of the
meeting.)

For: 9,427,747
Against: 14,075,150


Resolution 2 (that Christopher John Agar be and is hereby appointed as a
director of the Company.)

For: 9,628,759
Against: 13,874,138


Resolution 3 (That Colin William Kingsnorth be and is hereby appointed as a
director of the Company.)

For: 9,427,747
Against: 14,075,150


Resolution 4 (That Andrew Pegge be and hereby is appointed as a director of the
Company.)

For: 9,427,747
Against: 14,075,150


Resolution 5 (That Michael Andrew Haxby be and hereby is appointed as a director
of the Company.)

For: 9,427,747
Against: 14,075,150


The poll resolutions were duly defeated.

The total number of shares voted was 23,703,909, representing 92.5% of the
issued share capital.

The Chairman made the following statement shortly following the results.

'We are pleased the majority of shareholders have accepted the recommendations
of the Board to reject these proposals. This vote is an indication of
shareholder support for the long term strategic direction of the Company and its
place in the London market.'






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