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Investors Title


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Result of General Meeting Expected completion of share placing (the "Placing") and acquisition of Solcara Limited ("Solcara")

15 January 2008

ArgentVive announces that at the General Meeting of the Company held today, the resolutions set out in the circular sent to shareholders on 21 December 2007 (the "Circular") were duly passed without amendment.

As a result, the Placing, which has raised £4.2 million (before expenses), will now be completed. Furthermore, the proposed acquisition of Solcara can now proceed and is expected to complete later today. The terms of the Placing and acquisition were set out in the Circular.

Accordingly, application has been made for 12,625,291 new ArgentVive ordinary shares, ranking pari passu with the existing ordinary shares, which are expected to be admitted to trading on AIM on 16 January 2008.

Upon admission the number of shares in issue will be 41,191,307.

Enquiries:

ArgentVive plc:
Kevin Fleming, 01932 460 101

Charles Stanley Securities:
Russell Cook / Carl Holmes, Nominated Advisor and Joint Broker, 020 7149 6000

IAF Securities
Gary Pinkerton, Joint Broker, 020 7747 7400

College Hill

Mark Garraway, 020 7457 2020