Issue of Equity

Coms PLC
18 October 2007

  
Date: 18 October 2007                                      
                                    Coms plc
                            "Coms" or "the Company"

                                Issue of Equity
                                        
Coms plc (the "Company" or "Coms") has today placed 134,000,000 new ordinary
shares of 0.1p each ("Placing Shares") with new and existing investors and
Directors at a price of 0.6p per ordinary share (the "Placing"). The gross
proceeds of the Placing are £804,000 and the net proceeds will be used by the
Company to provide additional funds for further acquisitions and the continued
growth of the Company's existing operations.


The following Directors took part in the placing:

Director    No. of Placing     No. of Ordinary Shares held     % of Issued share
            shares             following the placing              capital
Jason          
Drummond    8,333,333          502,512,366                     46.8%


The Placing Shares will represent approximately 12.7 percent of the Company's
enlarged issued share capital immediately following the Placing. Application
will be made for the Placing Shares to be admitted to trading on AIM and
dealings in the shares are expected to commence on Thursday 25 October 2007. 
The Placing Shares will rank pari passu with the existing shares.

The Company's enlarged share capital immediately following the Placing will be
1,056,378,200 ordinary shares of 0.1p, each share carrying the right to one
vote.

"We are at an exciting tipping point in our growth", commented Jason Drummond,
Executive Chairman, Coms plc. "These funds will enable Coms to fulfil the
potential of our agreement with Polycom and promote quality Internet Telephony
services to businesses, as well as seek out further complementary acquisitions".


Contact:

Coms plc
Richard Bennett, Corporate Development Officer
Tel: [phone]

HB Corporate
Rod Venables/Rory Creedon
[phone]

Square1 Consulting Limited
Mark Longson
[phone]


Notes to Editors:

About Coms plc
Coms was founded by Jason Drummond in 2000 with the vision of using the Internet
to carry and deliver voice telephone calls. Voice over IP (VoIP) is changing the
way consumers and businesses make and receive their telephone calls. Coms offers
a low-cost VoIP service that can be combined with services provided by broadband
Internet suppliers to make and receive telephone calls. Coms subscribers can
make high quality calls over the Internet wherever a high-speed Internet
connection is available, including in wireless hotspot as they are allocated
their own location free unique user telephone number. Subscription is available
in a range of packages. See www.coms.com for more information.

Coms is an Ofcom authorised Public Electronic Communications Network (PECN) and
a member of the Internet Telephony Service Providers Association (ITSPA).

Coms is listed on the London Stock Exchange AIM market (LSE:COMS)


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