Requisition of General Meetin

RNS Number : 3010F

Lupus Capital PLC

11 January 2010

Lupus Capital plc

("Lupus" or the "Company")

Requisition of General Meeting

The Board announces that on Friday 8 January 2009 it received a written requisition notice from certain Lupus shareholders (the "Requisition Notice") to convene a general meeting of the Company (the "GM").

Gregory F. Hutchings, Walbrook Trustees (Guernsey) Limited and Alliance Trust Pensions Limited (GF Hutchings), as shareholders together holding more than five per cent. of the Company's issued ordinary share capital, have requested that, inter alia, the following resolutions be put to shareholders at the GM:

-	That Mr. Greg Hutchings be appointed as a director of the Company with immediate effect;
-	That the shareholders recommend to the Board to appoint Mr. Greg Hutchings to the role of Chief Executive Officer of the Company; and
-	That any Director (excluding Mr. Greg Hutchings) appointed to the Board of the Company between 8 December 2009 and the conclusion of the GM be removed from office as a Director of the Company with immediate effect.

The Requisition Notice contains a further three resolutions to be proposed to shareholders at the GM concerning: the General Meeting of the Company held on 30 October 2009; and various matters relating to Directors' remuneration. The full text of the Requisition Notice is available at the Company's website www.lupuscapital.co.uk.

The Board will write to shareholders concerning the Requisition Notice in due course.

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