ALPHA PROSPECTS PLC
(“Alpha” or the “Company”)

Director’s Dealings

Alpha Prospects Limited, the investment management company focussed on companies with fast growth and/or recovery prospects, has been today informed that Christopher Foster, CEO of Alpha, has taken up his full warrant entitlement of 7,902,361 shares. Following this transaction Mr Foster has a total of 86,925,973 shares representing 25.8% of the issued share capital of the Company.

Similarly, the Chairman Steven Freudmann has converted 250,000 warrants. Mr Freudmann currently holds 9,757,000 shares representing 2.9% of the issued share capital.

The Company has also raised �6,250 at 5.5p a share, taking the total number of shares in issue to 336,388,041.

Alpha has a total of 336,388,041 Ordinary Shares in issue. This figure of 336,388,041 Ordinary Shares may therefore 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