3 July 2013

Galleon Holdings pie

("Galleon" or the "Company")

Appointment of Administrator Notice of lntention to Appoint Administrator

The Board announces that it has appointed Craig J. Povey and Kevin A. Murphy of Chantrey Vellacott
DFK as administrators of the Company with immediate effect.
The Board aiso announces that it has today filed a notice of intention to appoint Craig J. Povey and Kevin A. Murphy of Chantrey Vellacott DFK as administrators of Croco Worldwide Umited, a wholly owned subsidiary ofthe Company.
The suspension to trading in the Company's shares, as announced on 22 March 2013, remains effective.
Further announcements will be made in due course.
Enquiries:

Galleon Holdings pie

Hayden Eastwood, Chief Financial Officer +44 20 8987 0011

Nominated Adviser Cairn Financial Advisers LLP

James Caithie l Avi Robinson
+44 20 7148 7900

distributed by