Stmnt re Share Price Movement

Pursuit Dynamics plc

("PDX" or the "Company")

Statement re Share Price Movement

The Company knows no reason for the recent share price fall but takes this opportunity to announce that, further to the Company's announcement on the extension of the Joint Development Agreement with Procter & Gamble ("P&G"), its discussions with P&G are nearing an outcome and the Company expects to be in a position to update the market on or before the date of the Company's interim results to be published on 24 May 2012.

ENDS

Enquiries:

Pursuit Dynamics plc 01480 422 050

Jeremy Pelczer

Richard Webster

Cenkos Securities plc 020 7397 8900

Ian Soanes

Max Hartley

M:Communications 020 7920 2339

Nick Miles

Elly Williamson