EGM Statement

Netcentric Systems PLC
15 January 2007


For immediate release


15 January 2007

             Netcentric Systems Plc ('Netcentric' or the 'Company')
                                        
                                        
                    Result of Extraordinary General Meeting
                                        
                                        
The Board of Netcentric is pleased to announce that all resolutions proposed at
the Extraordinary General Meeting held earlier today were passed by the
shareholders. The resolutions approved the acquisition of The Oil Mining Company
Inc., the waiver of obligations under Rule 9 of the City Code on Takeovers and
Mergers, the amendment of the Articles of Association, the amendment of the
Memorandum of Association, the change of name to 'TomCo Energy Plc' and the
Placing of 51,238,000 Ordinary Shares to raise £1,280,950 in cash before
expenses, as set out in the notice of Extraordinary General Meeting dated 22
December 2006. The Acquisition and Placing remain conditional on Admission.

On Admission, the Concert Party will be interested in aggregate in 248,124,681
Ordinary Shares representing approximately 59 per cent. of the Company's
enlarged issued share capital.

Application has been made to the London Stock Exchange for the new Ordinary
Shares to be admitted to trading on AIM. Admission is expected to become
effective and dealings in the 254,238,000 new Ordinary Shares are expected to
commence at 8.00 a.m. on Tuesday 16 January 2007, under the Company's new name
of TomCo Energy Plc (AIM: TOM.L).

Completion of the Acquisition is due to take place on 16 January 2007. With
effect from Completion, Howard Crosby will be appointed as Chief Executive
Officer, John May as Finance Director and John Ryan as Commercial Director. Save
as set out in the Admission Document, there is no further information to be
disclosed in respect of the Proposed Directors under paragraph (g) of Schedule 2
of the AIM Rules.

Unless the context otherwise requires, defined terms used in this announcement
shall have the meanings given to them in the Admission Document posted to
shareholders of the Company on 22 December 2006.

Enquiries:

Netcentric Systems Plc
Stephen Komlosy                            Tel: [phone]

Strand Partners Limited
Simon Raggett                              Tel: [phone]
Warren Pearce
Thomas Lockyer

Bankside Consultants
Simon Rothschild                           Tel: [phone]
Louise Mason

Strand Partners Limited, which is authorised and regulated in the United Kingdom
by the Financial Services Authority, is acting as nominated adviser and broker
to the Company in connection with the Acquisition, Placing and Admission of the
Enlarged Share Capital to trading on AIM. Its responsibilities as the Company's
nominated adviser and broker under the AIM Rules are owed solely to the London
Stock Exchange and are not owed to the Company or to any Director or Proposed
Director or to any other person in respect of his decision to acquire shares in
the Company in reliance on any part of this announcement. Strand Partners
Limited is not acting for anyone else and will not be responsible to anyone
other than the Company for providing the protections afforded to its clients or
for providing advice in relation to the contents of this announcement or the
Acquisition, the Placing or Admission of the Enlarged Share Capital to trading
on AIM.




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