LEADCOM, a real growth company.

Use of proceeds of the Placings of recent placing @63p

The net proceeds of the Placings will be used to support Leadcom's initiatives
to increase the size of contracts undertaken and the speed at which they are
delivered; to access more swiftly the perceived attractive returns available in
the Indian market; to increase the Company's presence in developed economies
such as Western Europe and the United States; and to provide greater financial
flexibility to take advantage of future business opportunities. Leadcom's
management believes that, as a result of the growth opportunities available to
the Company, the issue of the New Ordinary Shares will not negatively impact
earnings per share in the current year.