Further re Press Speculation

31 October 2012

Pursuit Dynamics plc

("PDX" or the "Company")

Further re Press Speculation

Pursuit Dynamics plc (AIM:PDX), the developer of the PDX Atomiser and PDX Reactor products and technologies, notes the press speculation today and confirms that it is at an advanced stage of arranging a placing of £5 million and an open offer of £1 million at 3 pence per ordinary share. There can be no certainty that this will proceed and a further announcement will be made in due course.

Enquiries:

Pursuit Dynamics plc 01480 422 050

Jeremy Pelczer

Andy Quinn

Cenkos Securities plc 020 7397 8900

Ian Soanes

Max Hartley

M:Communications 020 7920 2339

Nick Miles

Elly Williamson