RNS Number : 5913I Coolabi PLC 21 November 2008

Coolabi plc

("Coolabi" or "the Company")

Director Shareholdings

21 November 2008

Further to the announcement on 23 October 2008 in relation to a placing by the Company, and following admission of the new ordinary shares of 1 pence each ("Ordinary Shares") to trading on AIM today, William Harris, Jeremy Banks and Tim Ricketts, all Directors of the Company, who subscribed for a total of 450,000 Ordinary Shares in the placing at the placing price of 8 pence per share, have the following interests in the Ordinary Shares of the Company:

Number of Ordinary Number of Ordinary % of Enlarged Issued

Shares prior to the Shares following the Ordinary Share

Placing Placing Capital

W Harris* 812,499 1,162,499 3.43%

J Banks 600,000 700,000 2.06%

T Ricketts* 108,333 208,833 0.61%

� THE HOLDINGS FOR W HARRIS AND T RICKETTS EACH INCLUDE 108,333 SHARES PRIOR TO THE PLACING AND 208,833 SHARES FOLLOWING THE PLACING WHICH ARE HELD IN THE NAME OF AVONGLEN LIMITED, A COMPANY IN WHICH THEY ARE EACH DIRECTORS AND 25% SHAREHOLDERS.

For further information contact:

Coolabi plc: 020...

Jeremy Banks / Tim Ricketts

Evolution Securities Limited: 020...

Bobbie Hilliam / Chris Clarke

Portland PR: 020...

Wendy Timmons

This information is provided by RNS The company news service from the London Stock Exchange

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