Result of AGM

Cosalt plc

("Cosalt" or "the Group")

Annual General Meeting ("AGM")

The board of Cosalt announces that at its AGM held today, all resolutions (as set out in the Notice of AGM on pages 72 and 73 of the Group's Report and Accounts for the 14 months ended 31 December 2010) were passed on a show of hands.

In accordance with Listing Rule 9.6.2, copies of the resolutions passed as special business will shortly be submitted to the National Storage Mechanism and will be available for inspection at www.hemscott.com/nsm.

Details of the proxy votes submitted in respect of the Resolutions will also be shortly made available to view on the Company's website http://www.cosalt.com/investors.ashx. .

ENQUIRIES: