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Compliance with Model Code

Released 10:37 06-Feb-2013

Compliance with Model Code

(the "Company")

Statement re Compliance with the Model Code

Pursuant to Listing Rule 15.5.1(4) the Company announces that it is satisfied
that all inside information which the Directors and the Company may have to the
date of this announcement has previously been notified to a regulatory
information service and, therefore, the dealings referred to in LR 15.5.1(3)
are permitted.


Andrew Lebus or Alexis Barling

Pantheon Ventures (UK) LLP

020 7484 6200


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Compliance with Model Code - RNS