Oxonica plc
09 August 2007


                                                                   PRESS RELEASE


             Industry leaders to develop nanotech Code of Conduct

Oxford, UK, August 8 2007. Leading International nanomaterials group Oxonica is
joining forces with other industry experts in a new initiative to develop a Code
of Conduct for businesses working with nanotechnologies.

The aim of the voluntary Code will be to establish good practice for businesses
involved in all aspects of emerging nanotechnologies including research,
development, manufacturing, distribution and retailing.

Oxonica is a member of the Nanotechnology Industry Association, one of the four
founding partners responsible for developing the Code. A working party has been
formed with other groups including business and non-governmental organisations
along with scientists and social scientists. Confirmed members of the working
group so far include - amongst others - the chemical company BASF, Unilever,
Tesco, the consumer group Which? and development NGO Practical Action.

Kevin Matthews, CEO of Oxonica said "At Oxonica we are committed to developing
nanotechnology based products, responsibly in partnership with other leading
companies that address major global issues and market needs. In this rapidly
developing market we are pleased to be working with other industry leaders to
develop a Code that will set the standards for the nanotechnology community to
operate within".

The initiative to develop a Code of Conduct for businesses working with
nanotechnologies has been launched by the Royal Society, Insight Investment, the
Nanotechnology Industries Association and the Nanotechnology Knowledge Transfer
Network.

The Code will be voluntary with companies being encouraged to publicly explain
how they comply with its principles through, for example statements in annual or
corporate responsibility reports. The Code will set out expected corporate
behaviours and management processes rather than an auditable standard, although
indicators of compliance may be developed.

An open consultation will take place in Autumn 2007 when a draft code will be
available for comment. More information is available from
www.responsiblenanocode.org. The working group aims to publish the Code early in
2008.

                                       Ends



Notes to Editors

About Oxonica plc - www.oxonica.com

Oxonica (AIM: OXN.L) is one of the leading International nanomaterials groups
with products already launched into international markets and is listed in
London on the AIM market. It was spun-out from Oxford University in 1999.
Oxonica's mission is to focus on the development of innovative commercial
solutions for international markets using its expertise in the design and
application of nanomaterials. It owns a portfolio of demand driven products that
offer substantial benefits to the target markets of energy, healthcare,
materials and security. The Group currently has four operating divisions:
Oxonica Energy, Oxonica  Healthcare, Oxonica Materials and Oxonica Security. 
Oxonica has already launched products into international markets.

For more information on Oxonica please contact:

Nicole Love, Ogilvy Public Relations Worldwide, tel: 0207 309 1103, email
Nicole.love@uk.ogilvypr.com



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