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Creon Corporation plc (AMED)

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Friday 14 November, 2008

Creon Corporation plc

Issue of Equity


For immediate release: 14 November 2008

 

                             Creon Corporation Plc                             

                                  ("Company")                                  

                                ISSUE OF EQUITY                                

The Directors of Creon Corporation (AIM: CRO) announce that application has
today been made for 987,935 ordinary shares of 1 pence each in the Company
("Ordinary Shares") to be admitted to trading on AIM. Admission of these
Ordinary Shares is expected to take place on 19 November 2008 ("Admission").

The Ordinary Shares are being issued at 4 pence per share to settle outstanding
debts totaling £39,517 owed by the Company to a number of suppliers. One of the
Suppliers is Combined Management Services Ltd, a business that Jonathan Freeman
is a director of and also has a beneficial interest in. Accordingly, following
Admission, Jonathan Freeman, a director of the Company, will have an indirect
beneficial interest in 487,935 Ordinary Shares, representing approximately 1.7%
of Creon's enlarged issued share capital.

Following Admission, the Company's issued ordinary share capital will comprise
28,016,018 Ordinary Shares. All of the Ordinary Shares carry voting rights and
this will be the figure which may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
share capital of the Company.

                                   - Ends -                                    

For further information please contact:

Creon Corporation Plc Jonathan Freeman +44 (0)20 7752 0215

Daniel Stewart & Company Plc Oliver Rigby +44 (0)207 776 6550

GTH Media Relations Toby Hall +44 (0)20 7153 8039

Christian Pickel +44 (0)20 7153 8036


                                                                                                                                             

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