Adviser - Change of Name

12 July 2010

                                  Corero PLC                                   

                           ("Corero" or "the Group")                           

                          NOMAD/Broker Change of Name                          

The Company announces that its nominated adviser and broker, Merchant John East
Securities Limited, has changed its name to Merchant Securities Limited with
immediate effect.

Enquiries:

Corero plc

Peter Waller, Executive Chairman Tel: [phone]

Duncan Swallow, Financial Controller Tel: [phone]

Merchant Securities Limited

John East/Simon Clements Tel: [phone]