VPhase plc

("VPhase" or the "Group")

Exit from Administration

Vphase announces that, further to the announcement dated 14 November 2013, notice of the end of Administration was filed on 6 January 2014. Exit from Administration was effective from 27 December 2013.

The Directors expect to provide an update to shareholders in the near future.

- Ends -

For further information:

VPhase plc


Rick Smith

c/o +44 (0) 20 7886 2500

Panmure Gordon

+44 (0) 20 7886 2500

Hugh Morgan / Callum Stewart

www.panmure.com


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