Further re. Proposed Fundraise

16 August 2018

Gusbourne Plc

("Gusbourne", the "Company" or the "Group")

Further re. Proposed Fundraise

Further to its announcement released on 12 July 2018 regarding a subscription to raise between £3 million and £5 million, Gusbourne (London-AIM: GUS) announces that it will extend the deadline for applications pursuant to the subscription to 31 August 2018. The result of the subscription and details of the issuance of the new ordinary shares will be announced following this date.

Enquiries:

Gusbourne Plc

Charlie Holland +44 (0)1233 758 666

Cenkos Securities plc

Nicholas Wells / Callum Davidson +44 (0)20 7397 8920

Note: This announcement and other press releases are available to view at the Company's website: www.gusbourneplc.com