For immediate release

                                                               17 December 2007

                     Microcap Equities Plc (the "Company")                     

                                 Result of AGM                                 

The Company announces that, at its annual general meeting held earlier today,
all resolutions were duly passed.

ENQUIRIES:

Microcap Equities plc                                                        
                                                                             
Nicolas Greenstone                                         Tel: 020 7247 9691
                                                                             
John East & Partners Limited                                                 
                                                                             
John East                                                  Tel: 020 7628 2200
                                                                             



END



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