Digitalbox Regulatory News (DBOX)

31 January 2018

Polemos Plc

("Polemos" or the "Company")

Funding

Polemos Plc (AIM: PLMO) announces that it has entered into a subscription agreement with certain investors to raise £80,000 on the following terms:

· Polemos has issued convertible loan debentures for a principal amount of £80,000 (the "Loans");

· The Loans will accrue interest at 5% per annum;

· The Loans are convertible into Polemos ordinary shares at a price of 0.01p per ordinary share in Polemos or are repayable in 6 months; and

× The Loans include a 1:1 warrant exercisable at the same price for a period of 12 months post issue.

The proceeds of the fundraise will be used for working capital requirements. On 8 September 2017 Polemos announced that it had been assigned the rights under an option agreement to acquire SecurLinx Corporation, a US based cyber security company, through the issuance of 50,981,941,743 new ordinary shares of 0.01p each in Polemos at an issue price of 0.035p per ordinary share with a value of £17,843,680 (the "Acquisition"). As the Acquisition would constitute a Reverse Takeover pursuant to AIM Rule 14, on 8 September 2017 the directors of Polemos requested that trading in Polemos ordinary shares be suspended with immediate effect pending the publication of the required AIM Admission Document. Work to successfully complete this Acquisition continues.

The Board of Polemos also announces that Nicholas Lee, Non-Executive Director, has decided to step down from the Board with immediate effect in order to spend more time on his other business interests. The Board would like to thank Nick for his help and guidance during his time with the Company.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

The directors of Polemos accept responsibility for this announcement.

For further information, please contact:

Polemos PLC

Hamish Harris, Executive Chairman

Beaumont Cornish Limited (Nomad)

www.beaumontcornish.com

Roland Cornish/ James Biddle

Tel: +44 (0) 20 7628 3396

Peterhouse Corporate Finance Limited (Broker)

Lucy Williams

Tel: +44 (0) 20 7469 0930