MXCP.L Regulatory News (MXCP)

MXC Capital plc

("MXC" or the "Company")

Issue of Equity

As announced on 18 December 2014 the Company agreed to grant 10,714,000 new ordinary shares to Alex Sandberg in satisfaction of a three year consultancy agreement for the provision of corporate communications and strategic advice (the "Consultancy Shares"). The Company has the right to repurchase the Consultancy Shares under certain circumstances if the consultancy agreement is terminated. The first tranche of 5,347,000 shares were admitted to trading on AIM on 24 December 2014.

The Company has now issued the final tranche of 5,347,000 shares.

Application has been made to the London Stock Exchange for the final tranche of Consultancy Shares to be admitted to trading on AIM and it is expected that admission will become effective and that dealings will commence on 16 January 2015.

Following Admission of the final tranche of Consultancy Shares, the total number of voting rights in the Company will be 1,965,350,992 which figure 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 FCA's Disclosure and Transparency Rules.

MXC Capital plc

Marc Young

+44(0)20 7965 8149

Zeus Capital Limited (Nominated adviser and broker)

John Depasquale/John Treacy

+44 (0)20 7533 7727