Pre-close Update

Angle PLC
13 November 2007


For Immediate Release                                           13 November 2007



                                   ANGLE plc

                           ('ANGLE' or the 'Company')


                                Pre-close update


The Board of ANGLE is pleased to provide the following pre-close update ahead of
its interim results for the six months ended 31 October 2007.


Solid progress has been made within the portfolio of Venture companies. In order
to produce significant shareholder value in the future, large equity stakes are
being retained in these potentially high growth portfolio companies. However,
the introduction of third party investors is enabling ANGLE to reduce its
ongoing cash contribution as well as demonstrating value on the ANGLE balance
sheet.


As previously announced, portfolio company Geomerics completed a financing which
lead to an increase in the net asset value of ANGLE's holding of £4.0 million.


ANGLE expects to report an overall profit from its venture investment operations
in the first half.


The Management Services business is trading ahead of expectations and is
contributing cash to fund investment activity. Cash balances at 31 October 2007
were ahead of management's expectations.


ANGLE will announce its interim results in January 2008 when a fuller report on
progress will be provided.


Enquiries:
ANGLE plc                                        01483 295830
Andrew Newland, Chief Executive
Ian Griffiths, Finance Director

Collins Stewart Europe Limited                   020 7523 8350
Mark Connelly

Scott Harris                                     020 7653 0030
Stephen Scott, James O'Shaughnessy, Harry Dee

Buchanan Communications                          020 7466 5000
Richard Darby, Suzanne Brocks, James Strong



Notes to Editors

Founded in 1994, ANGLE is an international venture management company focusing
on the commercialisation of technology and the development of technology-based
industry. ANGLE creates, develops and advises technology businesses on its own
behalf and for its clients. ANGLE is listed on AIM (AGL.L); further information
can be found on www.ANGLEplc.com



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