Issue of Equity

Cubus Lux plc                                 

                        ("Cubus Lux" or the "Company")                         

                                Issue of Equity                                

The Company today announces that it has issued 1,122,813 new ordinary shares of
10p each following the exercise of options at a price of 10p per option shares
(the `Option Shares'). Consideration for the exercise of options is in lieu of
unpaid fees.

The Option Shares represent 4.5 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 am on 31 December 2010.

Following the exercise of options Milan Kotur and Hans Steinbichler will have
interests of 1,672,024 and 1,217,141 representing 6.7 per cent and 4.9 per cent
of the Company respectively. As a result of the option exercise, Directors
Gerhard Huber, Christian Kaiser and Steve McCann have had their interests
reduced to 15.7, 10.4 and 3 per cent respectively.

Following this issue of shares, the Group will have an issued share capital of
25,004,254 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]
                                                                               
Northland Capital    Luke Cairns / Rod Venables  [phone]
Partners Ltd (Nomad)                                                           
                                                                               
Hybridan LLP         Claire Louise Noyce         [phone]
(Broker)