Temporary Suspension

Lupus Capital PLC
14 March 2007




                                                              14 March 2007


                  Lupus Capital plc ('Lupus' or the 'Company')

                             Request for Suspension


The Board of Lupus has noted press reports today and confirms that it is in
discussions concerning a potential acquisition, which if completed, would be
classified as a reverse take-over under the AIM rules.

Accordingly, Lupus has requested a suspension of the trading of its ordinary
shares on AIM. The suspension will continue pending the publication of a
Prospectus in relation to the transaction or in the event that discussions are
terminated an announcement to that effect.

Discussions are continuing and there can be no certainty that any acquisition
will be completed. If the acquisition proceeds it will be financed in part by a
significant equity issue in excess of the current market capitalisation of
Lupus.

A further announcement will be made as and when appropriate.



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