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Keycom PLC (KCO)

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Monday 05 March, 2012

Keycom PLC

Result of Equity Issue

                                  Keycom plc                                   

                          ("Keycom" or the "Company")                          

                     Result of fully underwritten Placing                      

Keycom announces the completion of the Placing announced by the Company on 27
January 2012. A total of 150,000,000 new ordinary shares in the Company have
been placed at a price of 1.0 pence per Placing Share. The gross proceeds of
the Placing is £1.5 million; resulting in £1.4 million of proceeds net of
placing costs.

The Placing Shares will, when issued, be credited as fully paid and will rank
pari passu in all respects with the existing ordinary shares of 1.0 pence each
in the share capital of the Company, including the right to receive all
dividends and other distributions declared, made or paid on or in respect of
such shares after the date of issue of the Placing Shares.

As part of the underwriting agreement entered into between the Company and Les
Halpin (a director of the Company), Mr Halpin has subscribed for 120,400,000
ordinary shares of 1.0 pence each in the share capital of the Company

Following this Placing, the Company has 761,576,712 ordinary shares in issue,
with the shareholdings of the directors as follows:

Director name                        Number of new      Aggregate Percentage of
                                   ordinary shares      interests  the enlarged
                                          acquired      following share capital
                                                    completion of following the
                                                      the Placing       Placing
Rod Matthews (Chairman)                  1,500,000      7,743,113         1.02%
Meri Braziel (Chief Executive)           1,000,000      1,000,000         0.13%
Graham Robertson (Finance                1,000,000      4,202,378         0.55%
Les Halpin (non-executive)             120,400,000    196,233,334        25.77%
Roger Jeynes (non-executive)               500,000        900,000         0.12%

For further information contact:

Keycom plc                                       Tel: 07775 755500          
Rod Matthews                                     Tel: 01785 717411          
Graham Robertson                                                            
IAF Capital Limited                              Tel: 020 7036 6700         
Gary Pinkerton                                                              
Catherine Stott                                                             


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