AGM Statement

Avacta Group plc

AGM Statement

At today's AGM of Avacta Group plc ("Avacta" or the "Company"), which provides
biophysics based analysis technology and services, Prof. Alastair Smith, Chief
Executive, made the following statement:

"We have enjoyed an excellent beginning to the current financial year in terms
of building our revenue-generating pharmaceutical services business, whilst
pushing forward strongly with our principal product development - a technology
to help reduce the cost and risks associated with biopharmaceutical drug
development which is expected to launch in late 2008.

"Additional technology products are also being prototyped and we are in
discussions with several potential commercial partners to deliver clear routes
to market for these additional products aimed at chemical and biological
detection and point-of-care diagnostics and we hope to announce further news in
the coming months.

"In conclusion, we have exceeded the initial targets we set ourselves when
Avacta Group floated in autumn 2006 and are on schedule to deliver on our plans
laid in April this year. We look forward to keeping investors informed via
regular news flow during the coming months."

                                                               14 December 2007

Enquiries:

Avacta Group plc                          Tel: [phone]                 
                                                                             
Alastair Smith, Chief Executive                                              
                                                                             
Nexus Financial Ltd                       Tel: [phone]                 
                                                                             
Nicholas Nelson/Kathy Boate               [e-mail]   
                                                                             
WH Ireland Limited                        Tel: [phone]                 
                                                                             
David Youngman/Robin Gwyn                                                    
                                                                             
BankOra Limited - Nominated Broker        Tel: [phone]                 
                                                                             
Henry Turcan/Michael Brennan