Annual Report Publication

Shellproof Limited posting of annual report and accounts

Belize City, Belize, 5 August 2011 - Shellproof Limited (London-AIM: SHLP) ("Shellproof" or the "Company") confirms that further to its announcement on 28 June 2011, it has today posted the annual report to shareholders, copies of which are available on the Company's web site.

For further information contact:

Shellproof Limited

Belize +501 223 5989

UK +44 (0)20 7248 6700

Note: This and other press releases are available at the Company's web site:

http://www.shellprooflimited.com.