Result of EGM

Starvest PLC
23 May 2007


Starvest plc - result of EGM and payment of Special Dividend

Starvest plc ('the Company') is pleased to announce that the resolutions put to
shareholders at the Extraordinary General Meeting held today were passed.

 1. Accordingly, the Company will pay a Special Dividend on 20 June 2007 at the
    rate of one penny per share to those Members on the register at the close of
    business on 25 May 2007.
 2. The Company will also extend the exercise period of options previously
    granted to Directors as follows:

•          Options over 2,100,000 shares, issued on 27 June 2002 and options
over 500,000 issued on 18 November 2003, exercisable at either 5p or 6p per
share, to be extended to 31 May 2012, and

•          Options over 2,975,000 shares, issued on 14 February 2005,
exercisable at 15p per share, to be extended to 31 January 2015.



Enquiries to:

Bruce Rowan, Chairman, telephone [phone] or

John Watkins, Finance Director, telephone [phone] or to [e-mail]

Gerry Beaney or Colin Aaronson, Grant Thornton Corporate Finance, telephone 
020 7383 5100

23 May 2007

End


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