Result of AGM

Result of AGM

Watermark Global

30 June 2011

Watermark Global Plc (“the Company”)

Result of Annual General Meeting

At the Annual General Meeting of the Company held at 9.00 am today all resolutions were duly passed.

Accordingly, the second tranche of the placing announced on 1 June 2011 will proceed and admission to trading for 325,214,286 ordinary shares is expected to commence at 8.00 am on 1 July 2011.

The new ordinary shares will rank pari passu with the existing shares of the Company. Following this allotment, the total issued share capital of the Company has increased to 1,427,755,113 ordinary shares with voting rights. The Company holds no shares in treasury, therefore the total number of voting rights in the Company is 1,428,897,970.

This figure of 1,427,755,113 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

Enquiries:

Investor Relations
Charles Zorab Tel: + 44(0) 20 7233 1462
[e-mail]

Nominated Adviser: Cenkos Securities
Ian Soanes/Elizabeth Bowman Tel: [phone]