Issue of Equity

Enition PLC
21 December 2005


                                  Enition plc
                          ('Enition' or the 'Company')

                         Placing and Additional Listing

Enition is pleased to announce that it has raised £661,000 (before expenses)
through a placing of 600,909,088 new ordinary shares at 0.11p per share. The
funds raised from the placing will provide additional working capital for
Enition to pursue its strategy to identify potential acquisition targets and
investments for the Company.

The Company will make application for the 600,909,088 new ordinary shares to be
admitted to trading on AIM and admission is expected to occur on 29 December
2005.

The Company now has a total of 1,402,491,371 ordinary shares of 0.0025p in
issue.



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