CPN Crucial Plan

RNS Number:8767O
Crucial Plan plc
27 February 2008




                                Crucial Plan Plc
                       ("Crucial Plan" or the "Company")



Crucial Plan announce that on 24 February 2007 it agreed with Urgel Limited, a
creditor of the Company, to convert �350,000 of its outstanding debt into
ordinary shares of 0.5p in the capital of the Company ("Ordinary Shares").  The
debt that was agreed to be converted related to a fee in respect of a loan of
�350,000 that Urgel Limited made to the Company and which remains outstanding.
The conversion of the debt resulted in the issue and allotment of 14,000,000
Ordinary Shares to Urgel Limited at a price of 2.5 pence per Ordinary Share.
Following conversion of the debt, Urgel Limited is the holder of 14,000,000
Ordinary Shares, equivalent to 26.7% of the enlarged issued share capital of the
Company. Application has been made for these Ordinary Shares to be admitted to
trading on AIM and dealings are expected to commence on 4 February 2008.



Following this share issues described above, the Company will have a total of
52,362,302 Ordinary Shares in issue.



For further information please contact:


Mike Neville, Director           Crucial Plan Plc               07775 606 175
David Youngman                   W.H. Ireland Limited           0161 832 2174





                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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