Metroelectric Plc : Result of AGM


Metroelectric Plc
("Metroelectric" or the "Company")

Result of the AGM

The Board of Metroelectric Plc is pleased to announce that at the Company's General Meeting held earlier today, all the resolutions were duly passed.

The Company also confirms that the General Meeting of the Company convened today for the purpose of considering, in accordance with section 656 of the Companies Act 2006, whether any, and if so what, steps should be taken to deal with the situation that the net assets of the Company being less than half of its called-up share capital, has been duly held.

The Directors of the Company accept responsibility for this announcement.

Enquiries:

Metroelectric Plc
Greg Collier
Tel:  07830 182501

Peterhouse Corporate Finance Ltd
Eran Zucker/Fungai Ndoro
Tel:  020 7469 0932