Annual Report and Accounts

PHSC PLC ("the Company")

Annual Report and Accounts

The Company announces that pursuant to Rule 20 of the AIM Rules, PHSC hereby
notifies that copies of its Report and Financial Statements for the year ended
31 March 2008 and Notice of AGM have today been mailed to shareholders. Further
copies are available from the Company's Nominated Adviser Ruegg & Co Limited
upon request or from the Company's website: www.phsc.plc.co.uk.

For further information: -

PHSC plc -
Stephen King (Tel: [phone])
[e-mail]
www.phsc.plc.co.uk

Ruegg & Co Limited -
Gavin Burnell (Tel: [phone])

Hichens, Harrison & Co. plc -
Daniel Briggs (Tel: [phone])