Alpha Prospects Limited
(“Alpha” or the “Company”)

Issue of Shares

Alpha Prospects Limited, the investment management company focussed on companies with fast growth and/or recovery prospects, announces that it has issued a total of 113,638 shares at 5.5p taking the total in issue to 366,605,754. The New Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares of the Company.

Also, Christopher Foster, Chief Executive has informed the Company that he has purchased 666,667 shares taking his holding to 91,201,730 Ordinary Shares representing 24.9% of the Company.

Following this issue Alpha has a total of 366,605,754 Ordinary Shares in issue. This figure of 366,605,754 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.