Tyman Regulatory News (TYMN)

Lupus Capital plc

LTIP Awards and Directors' Dealing

Lupus Capital plc ("Lupus" or the "Company"), a leading international supplier of building products to the door and window industry and the world's number one manufacturer of marine breakaway couplings, announces that on 10 December 2010, the Remuneration Committee of the Company granted the following nil cost share awards over ordinary shares of 5 pence each in the Company ("Ordinary Shares") to the Executive Directors of the Company under the Lupus Long Term Incentive Plan (the "LTIP").

A further 48 senior managers and executives employed by the Company and its subsidiaries will be granted nil or nominal cost share awards (depending on jurisdiction) over a total of 1,063,000 Ordinary Shares prior to the year end.

In aggregate, and according to the terms of the LTIP approved by shareholders on 30 November 2010, by the year end a total of 1,413,000 nil or nominal cost share awards will have been granted to 50 individuals.

All awards are subject to performance and other vesting criteria, as set out in the shareholder circular dated 10 November 2010, a copy of which is available on the Company's website - www.lupuscapital.co.uk.

Following the grant of these awards, the aforementioned Executive Directors have the following interests in the Company's share capital:

All percentages are expressed as a percentage of the Company's current voting share capital being 129,840,798 Ordinary Shares.

Enquiries:

13 December 2010