Issue of Shares

Alpha Prospects Limited
("Alpha" or the "Company")

Issue of Shares

Alpha Prospects Limited, the investment management company focussed on companies with fast growth and/or recovery prospects, has issued a total of 363,636 New Ordinary Shares @ 5.5 pence per share. The New Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares of the Company.

Following this issue Alpha now has a total of 355,976,922 Ordinary Shares in issue. This figure of 355,976,922 Ordinary Shares may therefore be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company

Company website: http://www.alphaprospectsplc.com

Enquiries:

Alpha Prospects
Christopher Foster
+44 (0) 7525 688 741

Lothbury Financial Services
Michael Padley
+44 20 3290 0707

The Directors are responsible for the contents of this announcement.

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