Transaction in Own Shares

Grafenia plc

("the Company")

Transaction in Own Shares

The Company reports that on 31 January 2014 it purchased 486,000 Ordinary Shares of 1 pence each ('Ordinary Shares') in the Capital of the Company at a price of 14.25 pence per Ordinary Share. The Company will hold the Shares in Treasury.

The Ordinary Shares acquired equates to approximately 1.0% of the Issued Share Capital of the Company which consists of 47,557,835 Ordinary Shares with voting rights. The Company holds 486,000 of these Ordinary Shares in Treasury.

Therefore, the total number of voting rights in the Company is 47,071,835.

The figure of 47,071,835 may be used by Shareholders 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 Company under the FCA's Disclosure and Transparency Rules.

For further information, please contact:

Grafenia plc

Tony Rafferty (Chief Executive) 07966 517 336

Alan Roberts (Finance Director) 0161 848 5713

N+1 Singer

Richard Lindley 0113 388 4789