Press release 13 September 2011Abbeycrest plc

(“Abbeycrest” or the "Group”)

Funding Update

The board of Abbeycrest provides the following update in respect of its recent discussions with Siam Commercial Bank (“SCB”), one of the Group’s senior lenders.

Earlier today, SCB confirmed that it has approved revisions to the Group’s existing facility arrangements. These revisions provide the Group with an additional 50 million Thai Baht (c.£1 million) of funding. The board believes that the Group now has sufficient facilities to trade through its peak working capital funding requirement expected in October 2011.

Simon Ashton, Executive Chairman of Abbeycrest, said: “Against a backdrop of continuing challenging conditions, including further recent increases in commodity prices, we welcome the additional support received from SCB. The board is also actively exploring the feasibility of other options to reduce the Group’s exposure to commodity price fluctuations further still.”

For further information, please contact:

Abbeycrest plc Tel: +44 (0)113 397 0867

Simon Ashton, Executive Chairman www.abbeycrest.co.uk

Evolution Securities Limited Tel: +44 (0)113 243 1619

Joanne Lake/Peter Steel www.evosecurities.com

Rawlings Financial PR Limited Tel: +44 (0)1653 618 016

Catriona Valentine/Keeley Clarke www.rawlingsfinancial.co.uk