CyanConnode Holdings plc

("CyanConnode" or the "Company")

Response to Share Price Movement

The Directors of CyanConnode note the recent movement in the Company's share price and comment that they are not aware of any corporate developments that justify such a movement. The Company continues to focus on the execution of its order book of $100 million, together with winning new commercial contracts for its products in both existing and new territories. The Company will provide a trading update for the full year once the customer deliveries expected in December are complete.

Enquiries: