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FOR IMMEDIATE RELEASE

First Day of Dealings on the Alternative Investment Market ('AIM')

ANGLE plc ("ANGLE" or the "Group", AIM: AGL), the venture management and consulting company specialising in the commercialisation of technology, is pleased to announce its flotation on the Alternative Investment Market of the London Stock Exchange ("AIM") today.

ANGLE Technology was established in April 1994 by former executives from KPMG's High Technology Consulting Group.

ANGLE has built a management team experienced in the commercialisation of technology. The Directors believe that ANGLE will play a role in bridging the gap between research and technology and business and finance.

£9 million (before expenses) was raised for ANGLE via a Placing of 6.25 million Ordinary Shares at the Placing price of 144p per Ordinary Share (the "Placing Price") by KBC Peel Hunt Ltd.

On Admission, the market capitalisation at the Placing Price will be £24.0 million.

ANGLE will use the net proceeds of the Placing for working capital principally to enable it to further finance and develop its business strategy, including:
•  
• building the Ventures business leading to the establishment and development of new Progeny® Companies;
• accelerating the growth of the Consulting and Management businesses through the provision of resources for expansion of the professional team;

Andrew Newland, Chief Executive of ANGLE plc, commented:
• "I am delighted with the response to ANGLE's flotation. With the funds raised from the Placing and a heightened profile on AIM, we look forward to pursuing our objectives of expanding our Consulting and Management businesses as well as founding and growing more IP backed technology companies."