Exercise of Warrants

GLOBO PLC

("Globo" or "the Company")

Exercise of Warrants

The Board of Globo plc (LSE:AIM: GBO) announces today that an application has been made for the admission of 1,000,000 new ordinary shares of 1 pence each ("New Ordinary Shares") to trading on AIM. Admission is expected to take place on 7July 2011.

The new ordinary shares have been issued and allotted pursuant to the exercise of Warrants, at an exercise price of 15 pence, and will rank pari passu in all respects with the existing issued share capital of the Company.

Following admission of these new ordinary shares, the Company's issued share capital will comprise 291,842,743 ordinary shares of 1 pence each.

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