Further re: Share Price Movement


 
TIDMMEQ 
 
1 June 2009 
 
                             Microcap Equities Plc 
 
                                (the "Company") 
 
                       Further re: Share Price Movement 
 
Further to the announcement made on 12 May 2009, the Company announces that the 
negotiations referred to in the announcement are ongoing. There is no guarantee 
that these negotiations will result in a transaction involving an equity 
investment being concluded. However, in the event that the parties involved in 
these discussions make an equity investment into the Company it is likely that 
this investment would be made at a significant discount to the current 
middle-market share price of 0.26p per share, being the price at close of 
business on 29 May 2009. A further announcement will be made in due course. 
 
For enquiries: 
 
Microcap Equities Plc                                             020 7247 9691 
 
Nicolas Greenstone                                                020 8371 3071 
 
Rakesh Patel 
 
John East & Partners Limited, a subsidiary of Merchant            020 7628 2200 
Securities PLC 
 
Bidhi Bhoma 
 
 
 
END

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