Result of AGM

Velosi Limited
07 June 2007





                                                                     7 June 2007

                         Velosi Limited ('the Company')
                        Result of Annual General Meeting

The Board is pleased to announce that all resolutions proposed to shareholders
at the Company's Annual General Meeting, held earlier today, were duly passed.

                                     -END-

For further information, please contact:

Velosi               Dr Nabil Abdul Jalil                020 7930 0777
                     Joe Vincent

Strand Partners      James Harris                        020 7409 3494
                     Warren Pearce

Charles Stanley      Mark Taylor                         020 7739 8200
                     Freddy Crossley

Cardew Group         Eden Mendel                         020 7930 0777
                     Emma Consett                        020 7930 0777




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