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Greenchip Investment (XEN)

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Monday 16 January, 2006

Greenchip Investment

EGM Statement

Greenchip Investments  PLC
16 January 2006

                   GREENCHIP INVESTMENTS PLC (the "Company")
                                16 January 2006

At the Extraordinary General Meeting of the Company held today, all the
resolutions set out in the notice of EGM and admission document dated 23
December 2005 were duly passed. Accordingly, the Company has changed its name to
Lipoxen plc with immediate effect and with effect from 8 am on 17 January 2006,
the Company's current AIM listing will be cancelled and simultaneously the
enlarged issued share capital of the Company, following the issue of shares in
respect of the acquisition of Lipoxen Technologies Limited, will be admitted to
trading on AIM.

                      This information is provided by RNS
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