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Woodspeen Training Plc (WSTP)

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Monday 14 February, 2011

Woodspeen Training Plc

Issue of Equity - Placing of Shares


14 FEBRUARY 2011

WOODSPEEN TRAINING PLC ("Woodspeen" or the "Company")

TICKER: WSTP

PLACING OF NEW SHARES

The Directors are pleased to announce that the Placing to Qualifying
Shareholders, details of which were announced on 7 December 2010, has been
completed.

As a consequence of the Placing the Company has today issued and allotted for
cash a total of 5,464,538 new ordinary shares of 10p each in the Company ("New
Ordinary Shares") at a price of 18p per share.

The New Ordinary Shares will rank pari passu in all respects with the
28,080,000 ordinary shares currently in issue.

The gross proceeds of the Placing are £983,617. The Directors intend that the
proceeds of the Placing shall be used to fund acquisitions.

Following the Placing, the total number of shares now in issue is 33,544,538
and the beneficial interests of the directors in the enlarged share capital of
the Company are as follows:

                        No. of ordinary shares held          % of the enlarged
                                                             issued share capital

Charles Prior                   5,000,000                          14.91
Lynn Chandler                     987,400                           2.94
Compton Hellyer                   306,456                           0.91
Si Hussain                        150,000                           0.45

Contacts:

Woodspeen Training plc
Si Hussain                  0786 283 7437
Lynn Chandler               07983 753 799

Corporate Adviser
St Helens Capital Partners LLP
Oliver Cooke                020 7368 6959

Broker
Fairfax I.S. PLC
Ewan Leggat/Laura Littley   020 7598 5368

The Directors of Woodspeen Training plc take responsibility for this statement.

                          

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