LIT plc

(the "Company")

Additional listing

Application has today been made for 100,000,000 ordinary shares of 5 pence each ("Ordinary Shares") in the capital of the Company to be admitted to trading on AIM, pursuant to an equity contribution by funds managed by Laxey Partners Limited of £10,000,000 as detailed in the Company's announcement of 2 October 2008. Following this subscription, funds managed by Laxey Partners Limited have an economic interest in 1,243,560,858 Ordinary Shares, representing approximately 92.95% of the total issued share capital.

It is expected that dealings in these new ordinary shares, which will rank pari passu in all respects with the existing issued share capital of the Company, will commence on 17 October 2008.

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