Issue of Equity

Coms PLC
10 April 2008


                       COMS plc (the "Company" or "Coms")                       
                                                                               

                          Placing and issue of Shares                           

AIM quoted Coms plc has today placed 162,083,333 new ordinary shares of 0.1p
each ("Placing Shares") with new investors and Directors at a price of 0.3p per
ordinary share (the "Placing"). The gross proceeds of the Placing are £ 486,250
and will be used by the Company to provide additional funds for further
acquisitions and the continued growth of the Company's existing operations.

The following Directors took part in the Placing:

+-----------------+-----------------+-----------------+-----------------+
|Director         |No. of Placing   |No. of Ordinary  |% of Enlarged    |
|                 |Shares           |Shares held      |issued share     |
|                 |                 |following the    |capital          |
|                 |                 |Placing          |                 |
+-----------------+-----------------+-----------------+-----------------+
|Jason Drummond   |16,666,666       |519,179,032      |42.61%           |
|                 |                 |                 |                 |
|                 |                 |                 |                 |
+-----------------+-----------------+-----------------+-----------------+
|Jonathan Cole    |3,000,000        |90,951,100       |7.46%            |
|                 |                 |                 |                 |
|                 |                 |                 |                 |
+-----------------+-----------------+-----------------+-----------------+
|Justin Drummond  |10,000,000       |41,431,400       |3.40%            |
|                 |                 |                 |                 |
|                 |                 |                 |                 |
+-----------------+-----------------+-----------------+-----------------+

The Placing Shares will represent approximately 13.3 per cent of the Company's
enlarged issued share capital immediately following the Placing. Application
will be made for the Placing Shares to be admitted to trading on AIM and
dealings in the shares are expected to commence on or before Thursday 17 April
2008. The Placing Shares will rank pari passu with the existing ordinary shares.
 

The Company's enlarged issued share capital immediately following the Placing
will be 1,218,461,533 ordinary shares of 0.1p, each share carrying the right to
one vote.


Mr Jason Drummond, Mr Jonathan Cole and Mr Justin Drummond are directors of the
Company and accordingly their participation in the Placing constitutes a related
party transaction under the AIM Rules. Accordingly, the Board, other than Mr
Jason Drummond, Mr Jonathan Cole and Mr Justin Drummond, having consulted with
HB Corporate, the Company's Nominated Adviser, believe that the terms of the
transaction are fair and reasonable in so far as its shareholders are concerned.


Commenting on the Placing, Jason Drummond, Executive Chairman of Coms plc said,
"The Company continues to focus on its business internet telephony service and
this additional working capital will allow us to expand our sales teams. Coms
remains well positioned to expand further and to capitalise on profitable
acquisition opportunities that we believe are likely to arise in the fast
growing internet telephony sector".

 
Date: 10 April 2008

Contact:


Coms plc

Richard Bennett, Corporate Development Officer

Tel: [phone]


HB Corporate

Rod Venables, Director Corporate Finance

Tel: [phone]


Notes to Editors:

About Coms plc

Coms was founded by Jason Drummond in 2000 with the vision of using the Internet
to carry and deliver voice telephone calls. Unlike Skype, Coms is based upon the
industry standard SIP protocol which enables the widest possible connection of
customers, devices and integrated Web 2.0 applications. Coms subscribers can
make high quality calls over the internet wherever a high-speed internet
connection is available including in wireless hotspots. Coms subscribers can
also select their own free telephone number. Ofcom has allocated Coms 2 million
numbers in the top 178 UK geographic area codes by population which Coms
subscribers can choose from. In addition, Coms can transfer a company's existing
telephone number to their service. Subscription is available in a range of
packages from the Company's website www.coms.com.

As well as the obvious cost saving implications for businesses and consumers,
the expanding market will enable Coms to develop and offer innovative new
convergent services such as video calling, IP Centrex, location independence and
online presence. It is these new innovative features, alongside the cost saving
benefits that are likely to encourage customers away from traditional PSTN
systems and combine their broadband service and voice calling system.

Coms launched its consumer service in October 2006, and recently acquired
ExchangeXT, a leading provider of business VoIP services, to enable Coms to
enter the SME market.

Coms is an Ofcom authorised Public Electronic Communications Network (PECN) and
a member of the Internet Telephony Service Providers Association (ITSPA).

Coms plc joined the AIM market of the London Stock Exchange on 6 September 2006
(AIM:COMS).


                      This information is provided by RNS
            The company news service from the London Stock Exchange