Issue of Equity

3 January 2014 Octagonal plc ("Octagonal") or (the "Company") Issue of Equity The Company announces that it has today issued 4,000,000 ordinary shares of0.05 pence each in the capital of the Company ("New Ordinary Shares") at 0.525pence per share, the closing mid-market price on the business day prior to thisannouncement. The New Ordinary Shares have been issued to a former employee inlieu of amounts owing to him. Application has been made for the New Ordinary Shares to be admitted to tradingon AIM and admission is expected to occur at 8.00 a.m. on 8 January 2014. TheNew Ordinary Shares will rank pari passu with the existing issued shares of theCompany. Following admission of the New Ordinary Shares, the Company will have310,276,755 ordinary shares in issue. Further enquiries: Octagonal plcHamish Harris / Daniel Maling Tel: 020 7628 2200 Sanlam Securities UK Limited (Nominated Adviser and Broker)Simon Clements / Catherine Miles Tel: 020 7628 2200