Cyanconnode Regulatory News (CYAN)

5 January 2012

Cyan Holdings plc

("Cyan" or the "Company")

Result of General Meeting

The Board of Cyan is pleased to announce that at the Company's General Meeting held earlier today all of the resolutions were duly passed, including the approval of the placings of 420,200,000 new ordinary shares at 0.4 pence per ordinary share to raise approximately GBP1.7 million before expenses (the "Placings") and the issue of warrants to subscribe for up to a further 420,200,000 New Ordinary Shares at 0.6 pence per ordinary share.

Full details of the Placings were set out in a circular sent to shareholders on 15 December 2011. Application has been made for a total of 420,200,000 new ordinary shares issued pursuant to the Placing to be admitted to trading on AIM. Admission and dealing is expected to occur at 8.00 a.m. on 6 January 2012.

Following the admission of the 420,200,000 ordinary shares on 6 January 2012 the Company's total issued share capital will be 1,612,900,288 ordinary shares of 0.01p each. This figure (1,612,900,288 ordinary shares) may be used by shareholders 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 Company under the Disclosure and Transparency Rules.