DBAY Douglasbay

TIDMDBAY

RNS Number : 6483W

Douglasbay Capital PLC

23 November 2010

23 November 2010

DouglasBay Capital plc (the "Company")

Put Options

Further to our announcement dated 14 September 2010 we are announcing that the Option Period expired on 20 November 2010.

We have received valid acceptances under the Revised Deed Pool for 48 233,341 shares. These shares will be cancelled by the Company and following the cancellation (which will take place within the next 5 days) there will be 1,289,582,292 shares in issue.

For more information, please contact:

DouglasBay Capital plc 01624 690 900 Alex Paiusco, Chief Executive KBC Peel Hunt Ltd, Nominated Adviser and Broker 020 7418 8900 Guy Wiehahn

This information is provided by RNS

The company news service from the London Stock Exchange

END

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