6^th February 2006

Director/PDMR Shareholding

The Company announces the allotment, on 2 February 2006, of 6,349 ordinary share of 1p each in the Company ("Shares") to Mr Charles Alexander in lieu of director's remuneration. The number of shares has been calculated at 78.75p per share, being the closing mid-price on 1 February 2006, on a value of £35,000. Following this issue of shares, Mr Alexander is interested in 46,656 Shares (0.06%).

Application will be made for the 6,349 Shares to be admitted to the Official List of the UK Listing Authority ("UKLA") and to trading on the London Stock Exchange ("LSE"). The Shares will be issued fully paid and will rank pari passu in all respects with the Company's existing issued Shares. Dealings are expected to commence in these Shares on 15 February 2005.