AquaSource

Holding(s) in Company

AquaSource Algae Group
                  

                           AquaSource Algae Group Plc

                                 ('AquaSource')

Shareholding

The Company has been informed that on 30th July 2008, Arthur Spurling, purchased
11,508,523 ordinary shares in the Company at 0.47 pence per share, representing
19.5% of the issued share capital, this brings his total holding to 11,953,643
ordinary shares (20.2%).

The Directors of AquaSource accept responsibility for this announcement.

ENDS

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Enquiries:
Sian Lewis            AquaSource             ++385-911-324270
Oliver Spurling       AquaSource                 07769 647617
Stephen Foale         Fletcher Foale             07769 937708
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