Notice of EGM

Forbidden Technologies PLC
24 April 2007


24 April 2007


Forbidden Technologies plc
('the Company' or 'Forbidden')


Notice of EGM


Forbidden announces that on 27 March 2007 the Directors of the Company became
aware that the unaudited balance sheet in its unaudited management accounts
showed that the Company's net assets were £294,296 whereas the amount of its
paid up share capital was £609,300.  Pursuant to section 142 of the Companies
Act 1985 ('the Act'), when the net assets of a public company are half or less
than half of its called-up share capital, the directors of such company are
under a duty to convene an extraordinary general meeting ('EGM') to consider
whether any, and if so what, steps should be taken to deal with the situation.


Accordingly, in accordance with section 142 of the Act, the Company is today
writing to its shareholders with a notice convening an EGM to consider what
steps should be taken to deal with the situation.  The Company is also proposing
to take its shareholders permission at that meeting to increase its borrowing
limit from its current level to £2,000,000.


Although the Company requires further cash, the Directors are considering a
number of potential sources of funds and are confident that they will be able to
put the resources in place that will continue to support the Company's
operations.  The proposed increase in the borrowing limit would facilitate one
of these options.


The Directors believe that in the seven years of Forbidden's existence they have
followed a policy of prudent financial management.  Specifically, the Company
has no debt and has not taken any of the value of its intellectual property to
the balance sheet.  The Directors believe that the Company has an exceptional
product which is timed perfectly for the market.


For further information:

Forbidden Technologies plc                                        020 8879 7245
Stephen Streater, Chief Executive
Greg Hirst, Business Development Director

Bell Lawrie                                                       0141 221 7733
Ken Fleming

College Hill                                                      020 7457 2020
Corinna Dorward/Adrian Duffield      

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