BSN Biocare

RNS Number:6886C
Biocare Solutions PLC
23 August 2007


               Biocare Solutions plc ("Biocare" or the "Company")


                           Related party transaction



Further to the statement made at the AGM held on 30 July 2007, which announced
to shareholders that Biocare had entered into discussions with a major
shareholder to arrange short term loan facilities, the Board is pleased to
announce that RAB Special Situations (Master) Fund Limited ("RAB"), a
substantial shareholder of Biocare, which holds 35,040,000 ordinary shares
representing 38.23 per cent of the issued share capital of the Company, has
agreed to advance up to #1,030,000 to the Company at a rate of 2 per cent. per
month. Amounts advanced under the facility become repayable on 16 June 2008. The
purpose of the loan is to fund working capital requirements associated with
commissioning and transferring production to the Company's new facility in
Ferrandina in Italy.

The loan by RAB to the Company is a related party transaction as defined in the
AIM Rules. The directors of the Company consider the terms of the loans to be on
normal commercial terms and having consulted the Company's nominated adviser,
consider the terms of the loans to be fair and reasonable insofar as the
Company's shareholders are concerned.

Enquiries:


Biocare Solutions plc

Martin Shelley, Finance Director +44 (0)20 7448 5029



KBC Peel Hunt Ltd.

Richard Kauffer and Deon Veldtman +44 (0)20 7418 8900



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

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