Issue of Equity

14 July 2010

                                 Cubus Lux plc                                 

                        ("Cubus Lux" or the "Company")                         

                                Issue of Equity                                

The Company is pleased to announce that it has raised £325,000 through the
issue of 2,321,429 new ordinary shares of 10p each (the "Placing Shares") at
14p per share. The funds raised will be used to finance certain project costs
and short term working capital commitments.

The Placing Shares represent 10.8 per cent. of the Company's enlarged share
capital and application has been made for their admission to trading on AIM. It
is expected that dealings will commence at 8.00 a.m. on 19 July 2010.

The Placing Shares have been issued, in part, to three directors of the
Company; Gerhard Huber, Christian Kaiser and Steve McCann. Following the issue
of the Placing Shares the interests of these directors is as follows:

Director          Placing Shares      Current      Percentage   Options Held
                          issued Shareholding    Shareholding               
                                                                            
Gerhard Huber            714,286    3,930,948           18.2%      2,200,000
                                                                            
Christian Kaiser         357,143    2,608,748           12.1%        600,000
                                                                            
Steve McCann             714,286      744,286            3.4%      1,130,000

The issue of the Placing Shares to Mr Huber, Mr Kaiser and Mr McCann is deemed
a related party transaction under the AIM Rules for Companies. The independent
directors, having consulted with Astaire Securities plc, as the Company's
nominated adviser, consider that the terms of the transaction are fair and
reasonable in so far as the Company's shareholders are concerned.

Following this issue of shares, the Group will have an issued share capital of
21,582,551 ordinary shares of 10p each. As the Group does not hold any ordinary
shares in Treasury its total number of voting rights equals its capital. This
figure may be used by shareholders 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 Company under the FSA's Disclosure and
Transparency Rules.

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

Cubus Lux plc         Steve McCann                     [phone]
                                                                           
Astaire Securities    Antony Legge / Luke Cairns       [phone]
plc (Nomad)                                                                
                                                                           
Hybridan LLP (Broker) Claire Louise Noyce / Stephen    [phone]
                      Austin                                               
                                                                           
City Road             Pam Spooner                      [phone]
Communications