Issue of Equity

Issue of Equity

Watermark Global

Watermark Global Plc

(“Watermark” or “the Company”)

Issue of Equity

Watermark has applied for admission to trading of 33,333,333 ordinary shares of 0.15 pence which are expected to be admitted to trading on 25 July 2012. The shares will be issued to Cenkos Securities plc who have agreed to accept part payment for their transaction advice in shares in lieu of cash, allowing the Company to preserve its cash resources.

The new ordinary shares will rank pari passu with the existing shares of the Company. Following this allotment, the total issued share capital of the Company has increased to 1,531,374,350 ordinary shares with voting rights. The Company holds no shares in treasury, therefore this figure may 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 in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

Enquiries:

Watermark Global Plc

Charles Zorab, Investor Relations Tel: + 44(0) 20 7233 1462

[e-mail]

Nominated Adviser: Cenkos Securities

Ian Soanes Tel: [phone]