Result of General Meeting

08 July 2011

Nasstar plc.

("Nasstar" or the "Company")

Result of General Meeting

Nasstar plc (AIM: NASA), the hosted desktop cloud computing provider, announces that at a general meeting of the Company, held earlier today, all resolutions were duly passed.

As a result of the passing of the resolutions, the subscription to 15,000,000 new ordinary shares of 1p each in the Company (the "Subscription Shares") at a price of 8p per Subscription Share, by new and existing institutional shareholders (the "Subscription") has been authorised by shareholders. Application has been made for the Subscription Shares to be admitted to trading on AIM and it is expected that Admission will occur on or around 11 July 2011.

Following Admission, the Company's total issued share capital will consist of 50,733,224 ordinary shares of 1p each ("Ordinary Shares"). This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Services Authority's Disclosure and Transparency Rules.

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About Nasstar plc

Nasstar (www.nasstar.com) provides Hosted Desktop, a cloud computing service that enables subscribers to access their desktop, applications and data in the cloud rather than using local hard drives. Hosted Desktop is a highly scalable service that provides benefits including anywhere access to computing, a standardised corporate desktop solution that can be accessed globally and in multiple languages and cost savings when compared to the traditional IT ownership model, replacing capital expenditure with a simple usage based payment model.

Nasstar was founded in 1998 by Charles Black. Nasstar plc was admitted to trading on the London Stock Exchange Alternative Investment Market in December 2005.