EGM Statement

5 Apr 2006 12:27

Swallowfield PLC05 April 2006 The Directors have pleasure in announcing that at the Extraordinary GeneralMeeting held today the resolution proposing the transfer of the entire issuedordinary share capital in Swallowfield from its quotation on the Official Listof the UK Listing Authority to AIM, a market operated by the London StockExchange was approved. The Company has made the relevant application and isawaiting confirmation of the transfer. The Directors believe that an AIM quotation will provide advantages to a companysuch as Swallowfield and its shareholders and that AIM is a more appropriatemarket for a Company with the current market capitalisation of Swallowfield. It is expected that dealings will cease on the Official List at 8 a.m. on 9 May2006 and will commence on AIM with effect from 8 a.m. on 9 May 2006. This information is provided by RNS The company news service from the London Stock Exchange