PUR.L Regulatory News (PUR)

PURE WAFER PLC

(AIM: PUR)

Conclusion of Swansea Staff Consultation

3 July 2015

The Board of Pure Wafer plc ("Pure Wafer" or "the Company"), one of the leading global providers of high quality silicon wafer reclaim services to many of the world's largest semiconductor manufacturers and foundries as an integral part of their cost control programmes, confirms that it has concluded the period of consultation with staff at its Swansea facility.

On 1 May 2015 the Board announced its proposal not to reinstate the Swansea facility or to resume operations in the UK. Following the completion of the consultation process the Board can now confirm that this proposal will proceed in order to facilitate a return of surplus funds to shareholders once all attendant liabilities have been settled.

The Company will make a further announcement when it has further progressed negotiations with suppliers and creditors affecting the Swansea facility and is therefore in a position to give more guidance on the expected level of the proposed distribution to shareholders. One of the issues to be resolved is the 99 year lease of land at the Swansea premises which is not due to expire until 2099.

The Board would like to emphasise that the Company's facility in Prescott, Arizona, continues to operate successfully and those operations are unaffected by its proposal in respect of Swansea. Indeed, the Group confirms that it is currently making further investment in its Prescott facility which, subject to the successful completion of customer qualification procedures, will take on additional production which has been diverted from Swansea. In the six month period to 31 December 2014, Prescott was responsible for approximately 44% of Group turnover.