AGM Statement and Directorate Changes

Result of AGM statement

12 March 2012

                                 CUBUS LUX plc                                 

                        ("Cubus Lux" or the "Company")                         

                Result of AGM Statement and Directorate Changes                

At the AGM of Cubus Lux held earlier today all the resolutions put to
shareholders were duly passed. In addition, the Company announces that
Christian Kaiser and Eli Abramovich, Non-Executive Directors of the Company,
have resigned as Directors of the Company.

For further information about the Company please see www.cubuslux.com or
contact:

Cubus Luxplc        Steve McCann, Finance              [phone]   
                    Director                                                  
                                                                              
Northland Capital   Luke Cairns / Rod Venables         [phone]   
Partners Limited                                                              
(Nominated Adviser                                                            
and Broker)                                                                   
                                                                              
Keith, Bayley,      Simon Frost/David Coffman          [phone] 
                                                                          
Rogers & Co Limited                                                           
                                                                              
(Broker)