CUC Centurion Ele

RNS Number:5847J
Centurion Electronics PLC
10 December 2007

For immediate release



Centurion Electronics plc ("Centurion" or the "Company")



Funding Update


The Directors are pleased to announce that they are in the final stages of
securing additional debt finance to allow the Company to fund its business
expansion plans,


The offers of debt finance that have been proposed to the Company will require a
further sum to be raised, most likely by way of a convertible loan note from the
Company's largest stakeholder, together with a restructuring of the existing
convertible loan notes.


The precise terms on which this additional stub financing and convertible loan
restructuring is to be provided have yet to be finalised, however it is likely
that the conversion terms will be at a very significant discount to the current
share price.


A further announcement will be made in due course.



Enquiries

Centurion Electronics plc                        01707 330 550

Chris Rhodes,              Chief Executive
Mike Harrison,             Finance Director


JM Finn Capital Markets Limited                  0207 600 1658

Clive Carver




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

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