18 December 2009 

Abbeycrest plc

("Abbeycrest" or the "Company")

Disclosure of Interest in Shares

Agilo Master Fund Limited ("Agilo") today informed the board of Abbeycrest that on 4 October 2009, Agilo transferred 2,625,000 ordinary shares of 1 pence each in the issued share capital of the Company ("Ordinary Shares") registered in its own name and, at that date, representing its entire holding of Ordinary Shares, to certain wholly owned nominee companies of Rensburg Sheppards Investment Management Limited ("RSIM"). Beneficial ownership of the Ordinary Shares remained with Agilo following this transfer.

Separately, on 17 December 2009, RSIM informed the board of Abbeycrest that on 16 December 2009, it sold 1,000,000 ordinary shares of 1 pence each in the issued share capital of the Company ("Ordinary Shares") previously held by certain of RSIM's wholly owned nominee companies on behalf of Agilo.

Following this transaction, RSIM no longer holds a notifiable interest in the issued share capital of the Company. 

- Ends -

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