Issue of Equity

Billam PLC
17 August 2005


                               Billam Plc (BLLM)
                                     (AIM)

                                    Placing

Placing

Billam Plc (Billam) is pleased to announce that it has today issued 400,000 new
Ordinary shares of 20 pence each at a price of 25 pence per share to Billam AG
in satisfaction of various liabilities relating to consultancy agreements.

Application has been made for the new Ordinary shares to be admitted to AIM and
are expected to commence trading at 8.00 a.m. on 23 August 2005.

Enquiries:

Bishopsgate Communications 020 7430 1600
Maxine Barnes / Dominic Barretto



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