Board Change

The MedicX Fund Limited
08 March 2007


For immediate release                                             8th March 2007


                              MedicX Fund Limited
                  ('MedicX Fund', 'the Fund' or 'the Company')


                                  Board Change


The Board of MedicX Fund announces with regret that Jorge Tavares will be
standing down from the Board, with immediate effect, following an injury, which
prevents him from fulfilling his duties as Chairman of the Company. It is hoped
that he will be able to be reappointed to the Board once he has recovered. If
Jorge has not made a recovery by 1 July 2007, a replacement Chairman will be
sought.


John Hearle, speaking on behalf of the Board, said: 'The Directors are sorry
that Jorge is unable to act in his capacity as Chairman.  However, we look
forward to him making a speedy recovery and returning shortly.'


For further information please contact:


MedicX Group                                                  [phone]
Keith Maddin, Chairman
Mike Adams, Managing Director

Buchanan Communications                                     [phone]
Charles Ryland / Lisa Baderoon / Mary-Jane Johnson


                      This information is provided by RNS
            The company news service from the London Stock Exchange