Notice of AGM/proposed change of name

Embargoed for release at 7am on 2 June 2011

Ultima Networks plc

("Ultima" or the "Company")

Notice of Annual General Meeting

 Availability of Annual Accounts

Proposed change of name

The Board of Ultima is pleased to announce that the Company's annual report and accounts for the year ended 31 December 2010 are now available on the Company's website at www.ultima-networks.com. In accordance with the Company's articles of association a notification letter, notice of annual general meeting ("AGM") and proxy form have been posted to all shareholders.

The AGM of the Company is to be held at Akhter House, Perry Road, Harlow, Essex CM18 7PN on 6 July 2011 at 1.00pm.

One of the resolutions to be put to shareholders at the AGM will be to change the name of the Company from Ultima Networks plc to Ultima plc in order to align the Company's name more with its existing business activities.

For further information, please contact: