Further re Acquisition 15 September 2014

Tern Plc
(the "Company" or "Tern")

Application for admission

Further to the announcement on 15 September 2014 regarding the 95 per cent. acquisition of Cryptosoft Ltd, the Company announces that it has made an application to the London Stock Exchange for 1,922,066 new ordinary shares to be admitted to trading on AIM.  It is expected that such Admission will become effective and that dealing will commence at 8:00 a.m. on 19 September 2014.

Enquiries:

Tern plc	Tel: [phone]
Angus Forrest
WH Ireland NOMAD and Broker	Tel: [phone]
John Wakefield
Peterhouse Corporate Finance (Joint broker)	Tel. [phone]
Lucy Williams
Redleaf Polhill	Tel. [phone]
Charlie Geller

About Tern:

Tern Plc aacquires and invests in privately owned companies with self-owned IP, established products and customer bases. Its investment strategy is focused on taking an active role in its investee companies in order to improve the business model, accelerate growth, expand the business globally, and identify exit opportunities.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Tern Plc via Globenewswire

HUG#1856839