Petards

Total voting rights

18 December 2006

For the purposes of the transitional provisions of the Financial Services Authority's Disclosure and Transparency Rules transitional provision 6 and AIM Notice 25, the nominal value of Company's total issued share capital at the date of this notice is £6,367,064.|

The Company's issued share capital consists of 636,706,423 ordinary shares of 1p each, with one voting right per share. There are no shares held in treasury.

The total number of voting rights in the Company is therefore 636,706,423.

The above figure of 636,706,423 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure and Transparency Rules.

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