Bglobal : IRREVOCABLE UNDERTAKING

BGLOBAL PLC ('BGLOBAL' OR THE 'COMPANY')

Irrevocable Undertaking

Further to the announcement made on 10 July 2014 relating to the proposed return of capital to shareholders of 11 pence per ordinary share, the delisting, the change of name and notice of general meeting, Bglobal is pleased to announce that it has received an irrevocable undertaking from Peter Kennedy, the Company's largest shareholder, to vote in favour of the resolutions to be proposed at the general meeting of the Company on 30 July 2014.

Peter Kennedy's irrevocable undertaking is in respect of 25,150,814 ordinary shares in the Company representing 23.63 per cent of the issued share capital of the Company. Following the receipt of this irrevocable undertaking, Bglobal has received irrevocable undertakings to vote in favour of the resolutions at the general meeting from Directors and certain other shareholders in respect of their shareholdings, amounting in aggregate to 47,987,184 ordinary shares representing 45.08 per cent of the issued share capital of the Company.

The general meeting to approve the proposed return of capital to shareholders of 11 pence per ordinary share, the delisting and the change of name will be held at the offices of Travers Smith LLP, 10 Snow Hill, London EC1A 2AL at 10.00 a.m. on 30 July 2014.

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