Issue of Equity

14 February 2011

                                 Cubus Lux plc                                 

                        ("Cubus Lux" or the "Company")                         

                                Issue of Equity                                

The Company announces that it has raised £9,828 through the allotment and issue
of 56,158 new ordinary shares of 10p each (the "Placing Shares") at 17.5p per
share. The funds raised will be used to provide additional working capital for
the Company.

The Placing Shares represent 0.22% per cent. of the Company's enlarged ordinary
share capital. Application has been made to the London Stock Exchange for the
Placing Shares to be admitted to trading on AIM ("Admission"). It is expected
that such Admission will occur at 8.00 am on 18 February 2011.

Following this issue of the Placing Shares, the Company will have an issued
share capital of 25,060,412 ordinary shares of 10p each. As the Company does
not hold any ordinary shares in Treasury its total number of voting rights
equals its capital. This figure may be used by shareholders as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in the Company under
the FSA's Disclosure and Transparency Rules.

For further information about the Company please see www.cubuslux.com or
contact:

Cubus Lux plc                   Steve McCann               [phone]
                                                                               
Northland Capital Partners      Luke Cairns/Rod Venables   [phone]
                                                                               
(Nominated Adviser)                                                            
                                                                               
Hybridan LLP                    Claire Noyce               [phone]
                                                                               
(Broker)