Exercise of Warrants and Issue of Equity

The Core Business plc

                    Exercise of Warrants and Issue of Equity

13 February 2008

The  Core Business plc (the 'Company') today announces the issue of 127,277  new
ordinary shares of 0.5p each in the Company pursuant to an exercise of warrants.

Following  the  allotment of the 127,277 new ordinary shares, the  Company  will
have 203,482,454 ordinary shares in issue.

Following  the  exercise of warrants and issue of the new ordinary  shares,  the
Company also has 86,872,723 Warrants to subscribe for Ordinary Shares at a price
of  1p  per share and 6,500,000 Warrants to subscribe for Ordinary Shares  at  a
price  of 6p per share in issue. These Warrants carry no voting rights and  only
the  86,872,723 Warrants to subscribe for Ordinary Shares at a price of  1p  per
share are admitted to trading on AIM.

Application has been made for the new ordinary shares to be admitted to  trading
on AIM on 18 February 2008.


For further information, please contact:

The Core Business plc
Stirling Murray, Chief Executive            020 7483 4300

Ellis Stockbrokers Limited
Neil Badger                                 01293 517 744

Blomfield Corporate Finance Limited
Nick Harriss                                020 7512 0191