Issue of Equity

The Core Business PLC
                            (`Core' or `the Company')

                  Issue of Equity & Disclosure of Shareholding

17 June 2008

The Company is pleased to announce that it has completed a placing of 18,000,000
new  Ordinary 0.5p Shares at a price of 0.75p per share, (the "Placing")  for  a
total  value  of  £135,000. The Placing was undertaken  by  SVS  Securities  plc
("SVS"),  the  Company's broker. The proceeds will be used for  general  working
capital proceeds.

Following the issue of the new ordinary shares, the Company's total issued share
capital  will  be  253,482,454 Ordinary shares of 0.5p each. An application  has
been  made  to  the  London Stock Exchange for the new  ordinary  shares  to  be
admitted to trading on AIM with effect from 18 June 2008.

18,000,000 of the new shares, when they are admitted to AIM, will be held by
SVS, equivalent to 7.10% of the enlarged share capital of the Company. As of
today, excluding the receipt of these new shares, SVS holds 1,743,343 shares in
its own name; combined with the new shares, this would give SVS a total holding
of 19,743,343 shares, equivalent to 7.79%.


For further information please contact:

The Core Business plc
Stirling Murray, Chief Executive      Tel:  [phone]
www.thecorebusiness.co.uk


Blomfield Corporate Finance Limited
(Nomad)
Nick Harriss                          Tel: + 44 (0) 207 489 4500


SVS Securities plc (Broker)
Ian Callaway                          Tel: + 44 (0) 207 638 5600


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