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Issue of Equity

9 Sep 2009 10:01

Coms plc ("Coms" or the "Company")

Issue of Equity

The Company announces that it has issued 100,000 ordinary shares in the Company at a price of 10 pence per share as a result of a conversion into equity of a £10,000 loan made to the Company.

The new ordinary shares rank pari passu with the existing ordinary shares. Application has been made for the 100,000 new ordinary shares to be admitted to trading in AIM on or around 15 September 2009.

Following the above issue of equity the so enlarged issued share capital of the Company will comprise of 14,227,166 ordinary shares.

Further information is available on the Company's website, www.coms.com.

Contact:

Coms plc
Richard Bennett
Tel: +44 (0)20 7148 3148
Dowgate Capital Advisers Limited
Liam Murray/ Jo Turner
Tel: +44 (0)20 7492 4777
Alexander David Securities Limited
David Scott/ Jon Levinson
Tel: +44 (0)20 7448 9820

Notes to editors:

Coms was founded by Jason Drummond in 2000 with the vision of using the Internet to carry and deliver voice telephone calls. Voice over IP (VoIP) is changing the way consumers and businesses make and receive their telephone calls. Coms offers a low-cost VoIP service that can be combined with services provided by broadband Internet suppliers to make and receive telephone calls. Coms subscribers can make high quality calls over the Internet wherever a high-speed Internet connection is available, including in wireless hotspot as they are allocated their own location free unique user telephone number. Subscription is available in a range of packages. See www.coms.com for more information.

Coms is an Ofcom authorised Public Electronic Communications Network (PECN) and a member of the Internet Telephony Service Providers Association (ITSPA).

Coms is listed on the London Stock Exchange AIM market (LSE:COMS)

Copyright Business Wire 2009

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