7 November 2014 Octagonal plc ("Octagonal" or the "Company") Subscription Octagonal plc is pleased to announce that the Company has raised £500,000 through the subscription for 166,666,667 new ordinary shares of 0.05 pence each in the Company (the "Subscription Shares") at a price of 0.30 pence per Subscription Share (the "Subscription Price") by existing shareholders and new investors (the "Subscription"). The Subscription is conditional only upon admission of the Subscription Shares to trading on AIM ("Admission"). The net proceeds of the Subscription will strengthen the Company's balance sheet and provide working capital for the Company to investigate and implement acquisition and investment opportunities in accordance with the Company's investing policy. The Subscription Shares will represent 16.85% of the enlarged issued share capital of the Company following Admission. Application has been made for the Subscription Shares to be admitted to trading on AIM and it is anticipated that Admission will occur on 14 November 2014. Following Admission, the Company's enlarged issued share capital will comprise 989,076,755 ordinary shares. The Company does not hold any shares in treasury. This figure of 989,076,755 ordinary shares 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 in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules. Enquiries: Octagonal plc +44 (0) 20 7440 0640 Donald Strang/Jason Berry/David Lenigas Cairn Financial Advisers LLP +44 (0) 20 7148 7900 Nominated Adviser and Broker James Caithie/Jo Turner/Carolyn Sansom Square Consulting +44 (0) 20 7929 5599 Public Relations David Bick/ Mark Longson