Investee company update

27 May 2014

Legendary Investments Plc

("Legendary" or the "Company")

Update on investee Company

Virtualstock Holdings Limited ("VSHL") joins UK Government G-Cloud 5 Framework

Legendary is pleased to announce that its investee company, VSHL has been accepted on the UK Government's G-Cloud 5 Framework ("G-Cloud 5") programme. G-Cloud 5 provides central government departments, executive agencies and non-departmental public bodies with an innovative, cheaper and faster way to access and purchase government-approved IT products and services. By being accepted on G Cloud 5, VSHL is now able to provide its services to public sector organisations. Exploratory discussions with certain public sector organisations are underway.

VSHL'ssupply-chain and data management solution, The Edge, seamlessly interfaces with the vast majority of components in the inventory, supply and logistics value chain and data management systems and platforms, giving organisations superior control of their data, without interfering with existing systems. The increased visibility of how an organisation is performing through data intelligence allows for a more efficient, leaner and cost effective operation. The implementation of the software-as-a-service solution is also a rapid, flexible and scalable alternative to traditional systems integrations.

VSHL's solutions have allowed companies in the private sector to improve efficiency and make substantial cost savings. Its services are now available to the public sector.

Zafar Karim, Executive Chairman of Legendary, said "We are delighted that progress at Virtualstock continues. Its leading edge solutions have already been adopted by some of the largest private sector organisations and can now be supplied to public sector bodies. Virtualstock is well on its way to becoming an industry standard inventory, supply and logistics value chain and data management utility. This announcement is an important milestone referencing the successful expansion of Virtualstock beyond the retail sector."

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About Virtual Stock Holdings Limited

Founded in 2004, the VSHL team have spent the last ten years perfecting a completely new way in allowing data to flow between network of systems and platforms, delivering scalable, rapid, controlled management of data - without interference to existing systems. For more information, visit www.virtualstock.co.uk 

About Legendary Investments Plc

Legendary Investments Plc is a proactive investment company that focuses on making investments in and assisting companies which exhibit the potential to generate returns of many multiples through capital appreciation. Typically, Legendary invests in small companies where there are clear catalysts for value appreciation and the companies are operating in sectors exhibiting long term growth. Examples of such sectors include technology, energy and natural resources.

For more information, visit www.leginvest.com