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Lipoxen PLC (XEN)

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Tuesday 17 January, 2006

Lipoxen PLC

Admission to trading on AIM

Lipoxen PLC
17 January 2006

                          LIPOXEN PLC (the 'Company')
                                17 January 2006


Lipoxen plc (AIM: LPX), formerly known as Greenchip Investments plc, is pleased
to announce that it has admitted to trading on AIM today.  Following the
completion of the acquisition of Lipoxen Technologies Limited ('Lipoxen
Technologies') and a placing of 28 million ordinary shares to raise £3.78
million (before expenses), there are currently 97,412,832 ordinary shares of par
value 0.5p each of the Company issued and outstanding.  The Company has the
option to exercise its right under section 429 of the Companies Act 1985 to
compulsorily acquire the remaining 8.33 per cent. of the entire issued share
capital of Lipoxen Technologies.






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