3 January 2014

                                Octagonal plc
                       ("Octagonal") or (the "Company")

                               Issue of Equity

The Company announces that it has today issued 4,000,000 ordinary shares of
0.05 pence each in the capital of the Company ("New Ordinary Shares") at 0.525
pence per share, the closing mid-market price on the business day prior to this
announcement. The New Ordinary Shares have been issued to a former employee in
lieu of amounts owing to him.

Application has been made for the New Ordinary Shares to be admitted to trading
on AIM and admission is expected to occur at 8.00 a.m. on 8 January 2014. The
New Ordinary Shares will rank pari passu with the existing issued shares of the
Company. Following admission of the New Ordinary Shares, the Company will have
310,276,755 ordinary shares in issue.

Further enquiries:

Octagonal plc
Hamish Harris / Daniel Maling                                 Tel: 020 7628 2200

Sanlam Securities UK Limited (Nominated Adviser and Broker)
Simon Clements / Catherine Miles                              Tel: 020 7628 2200