Vela Technologies Regulatory News (VELA)

Asia Digital Holdings plc

("the Company")

Temporary suspension

The Company stated in the circular to shareholders dated 2 May 2012 that it had limited cash resources and would require further funding to ensure that it had sufficient working capital to operate as an investing company. The Company has also been seeking further funding in order to make it attractive to entities seeking to effect a reverse takeover of the Company.

On 13 June 2012 it announced that it was in discussions with certain parties that might result in an investment being made into the Company.

The Company continues to be in discussion with potential providers of capital but there can be no certainty as to the outcome of those discussions nor the structure required for the provision of any such finance which may entail significant dilution to existing shareholders in the Company.

Proposals are currently under consideration, although they are not yet at a sufficiently advanced stage for shareholders to be provided with details nor is there any certainty that any such proposals will proceed.

In the meantime, the Company's working capital position remains weak notwithstanding the disposals and closures announced since early April. Accordingly, the Company has requested an immediate suspension of trading in its shares.

Further announcements will be made as appropriate.

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