Placing

Caldwell Investments PLC
27 July 2007

                                  VIRIDAS PLC
                     (formerly CALDWELL INVESTMENTS P.L.C.)


            Successful Placing of 3,600,000 shares to raise £450,000


Viridas plc announces that it has successfully completed a placing of 3,600,000
Ordinary Shares of 10p each ('Shares') at a placing price of 12.5 pence per
Share, which compares with a middle market price of 11.75 pence per Share at the
close of business on 26 July 2007. The new Shares are expected to be admitted to
trading on AIM on 30 July 2007.

In order to demonstrate their support for the Company the Directors have taken
up an aggregate of 550,000 Shares, (representing 2.8 % of the existing issued
share capital of the Company). Stanley Wootliff, Chairman and Managing Director,
who previously held 4,458,263 Ordinary Shares (22.4% of the existing share
capital) has taken up 400,000, and following the Placing he holds 4,858,263
Shares (20.7% of the enlarged issued share capital). Mr K M Robinson has taken
up 120,000 Shares and now holds 188,571 Shares (0.8%).  Mr F Lunardini has taken
up 30,000 shares (0.1%).

The Placing has raised £450,000 before expenses which will provide additional
working capital for the Company and in particular enable the Company to finance
the further development of the Group's activities in Brazil.

Further information from:



Stanley Wootliff, Executive Chairman, Viridas plc, 0113 235 0632
John Greenhalgh/Ron Marshman, City of London PR Limited, 020 7628 5518


                      This information is provided by RNS
            The company news service from the London Stock Exchange