EMT Emmit

                                                                5 November 2014

                                   Emmit Plc

                          ("Emmit" or the "Company")

                           Comment on FCA Statement

The Board of Emmit plc (the "Board") announces an update regarding the
suspension of trading in the Company's shares on AIM by the London Stock
Exchange on 17 October 2014 (the "Suspension").

Following the Suspension, on 31 October 2014, the UK Financial Conduct
Authority ("FCA") published a statement regarding the promotion of shares in
Emmit (the "FCA Statement"). The FCA Statement made reference to, inter alia,
the FCA having serious concerns regarding investors' pensions being put at risk
due to individuals being encouraged to transfer money from their work pension
schemes into Self-Invested Personal Pensions and use that money to buy shares
in Emmit.

The Board draws shareholders' attention to the fact that the FCA Statement
makes reference to the FCA not being "currently aware of any information
regarding Emmit plc itself being complicit" in the conduct set out within the
FCA Statement.

The full text of the FCA Statement is available at the following website
address: http://www.fca.org.uk/news/statement-re-promotion-of-shares-in-emmit-plc

It is clearly disappointing, and frustrating, that the Company has been
adversely affected by the behaviour of a small number of independent
shareholders.

Further announcements in relation to the potential lifting of the Suspension
and restoration of trading in the Company's shares will be made in due course.

For further information please visit www.emmitplc.com or contact:

Emmit plc                         Dean Cook          01473 604504
Managing Director

Daniel Stewart & Company Plc      Antony Legge       020 7776 6550
Nominated Adviser

Alexander David Securities Ltd    David Scott        020 7448 9820
Broker