Change of Name

Asia Digital Holdings PLC 
                              (the "Company")                   

                       Change of name of the Company

The Board of Asia Digital Holdings announces that, further to the announcement
made on 15 January 2013, the Company has now changed its name to Vela
Technologies plc. The Company's new TIDM (ticker symbol) will be VELA.

FOR FURTHER INFORMATION, PLEASE CONTACT:   

Vela Technologies plc   
Brent Fitzpatrick                           [e-mail]
Non-Executive Director

ZAI Corporate Finance Limited                                
John Depasquale /John Treacy                Tel: [phone]

Peterhouse Corporate Finance   
Eran Zucker                                 Tel: [phone]