Venteco PLC

Share consolidation

Venteco PLC
07 June 2007


7 June 2007

                                  Venteco plc
                          ('Venteco' or the 'Company')
                             
                               Share consolidation

Further to the announcement that all resolutions at the Company's Annual General
Meeting held today were duly passed, application has been made to the London
Stock Exchange for the entire issued share capital of the Company, post-share
consolidation, to be re-admitted to AIM. It is expected that re-admission and
crediting of CREST accounts with new shares will take place on or around 11 June
2007.

As a result of the share consolidation, being one share for every 20 held, the
total number of shares with voting rights on re-admission will be 18,515,244.
The above figure (18,515,244) may be used by shareholders as the denominator for
the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, Venteco under the FSA's
Disclosure and Transparency Rules.

Venteco plc
Stefan Hansson                           +44 (0) 207 929 8989

Corfin Communications
Ben Hunt, Clare Perks                    +44 (0) 207 929 8989

Libertas Capital
Aamir Quraishi                           +44 (0) 207 569 9650


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