CSLT.L Regulatory News (CSLT)

Cosalt plc

(the "Company" or the "Group")

Statement re: Share price movement

The Directors of the Company note the recent movement in the Company's share price and are not aware of any reason for the change. The Directors continue to manage the business in-line with their strategy and the Group continues to require and to have the support of its major shareholder.

Enquiries:

Cosalt plc Tel: +44(0) 1472 725560

David Ross, Non-Executive Chairman

Cardew Group Tel: +44(0) 20 7930 0777

Tim Robertson