Result of EGM

23 May 2007 16:12

Starvest PLC23 May 2007 Starvest plc - result of EGM and payment of Special Dividend Starvest plc ("the Company") is pleased to announce that the resolutions put toshareholders at the Extraordinary General Meeting held today were passed. 1. Accordingly, the Company will pay a Special Dividend on 20 June 2007 at the rate of one penny per share to those Members on the register at the close of business on 25 May 2007. 2. The Company will also extend the exercise period of options previously granted to Directors as follows: • Options over 2,100,000 shares, issued on 27 June 2002 and optionsover 500,000 issued on 18 November 2003, exercisable at either 5p or 6p pershare, to be extended to 31 May 2012, and • Options over 2,975,000 shares, issued on 14 February 2005,exercisable at 15p per share, to be extended to 31 January 2015. Enquiries to: Bruce Rowan, Chairman, telephone 020 7486 3997 or John Watkins, Finance Director, telephone 01483 771992 or to john@starvest.co.uk Gerry Beaney or Colin Aaronson, Grant Thornton Corporate Finance, telephone 020 7383 5100 23 May 2007 End This information is provided by RNS The company news service from the London Stock Exchange