Placing of New Shares

RNS Number:7675S
HydroDec Group plc
21 April 2008


                               HYDRODEC GROUP PLC
                         ("Hydrodec" or "the Company")

         Placing of new shares to raise �5.0 million (before expenses)

The Board of Hydrodec announces that it has raised �5.0 million (before
expenses) in a placing with investors at a price of 50.0 pence per share
conditional only on admission of the new ordinary shares to trading on AIM ("the
Placing"). The Placing will provide Hydrodec with additional funds which may be
required in connection with its proposed offer for Virotec International plc and
also for general corporate purposes including the further expansion of
Hydrodec's operations.

Details of the Placing

Hydrodec has conditionally placed 10,000,000 new ordinary shares of 0.5 pence
each in Hydrodec ("New Ordinary Shares") at a price of 50.0 pence per share ("
the Placing Price") to raise �5.0 million (before expenses) representing
approximately 5.2 per cent. of the enlarged share capital in the Company. The
Placing has been arranged by Ludgate Investments Limited.

The New Ordinary Shares will rank pari passu in all respects with the existing
Hydrodec ordinary shares.  It is expected that the admission to trading on AIM
of the New Ordinary Shares will become effective on 7th May 2008.

Before the Placing, the Company's issued ordinary share capital amounted to
193,845,402 ordinary shares. Immediately following the Placing the total number
of issued ordinary shares with voting rights is expected to be 203,845,402
ordinary shares.


Contacts:

John Gunn, Chairman                                          020 7621 5770
John Dickson, Finance Director
Hydrodec Group plc

Charles Sebag-Montefiore,                                    020 7621 5770
Robert Petch
Ludgate Investments Limited

Anthony Richardson                                           020 7260 1000
Nick Westlake
Numis Securities Limited, Nominated Adviser



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

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