25 January 2017

                                 Milamber Ventures plc                             
                             ("Milamber" or "the Company")                         

                                    Issue of Equity                                

    Milamber is delighted to announce that on 17 January 2017, Andy Hasoon, the
    Executive Chairman, acquired 120,938 ordinary shares of 1p each in the Company
    ("Ordinary Shares") at a price of 13.55p per share; these shares had initially
    been issued by the Company to the market for cash to facilitate the acquisition
    by Mr Hasoon. The gross proceeds of the issue, amounting to approximately £
    16,300, will be used by the Company for general working capital purposes.

    Following the above issue of Ordinary Shares and in accordance with the
    Financial Conduct Authority's Disclosure and Transparency Rules, the Company
    hereby announces that it has 5,816,214 Ordinary Shares, each share carrying the
    right to one vote, and 505,556 Ordinary Shares held in treasury.

    Largest Shareholders:

    Milamber is aware of the following interests of 3% or more in the issued share
    capital of the Company:

    Shareholder                                   Ordinary Shares             %
                                                                               
    Mark Barney Battles*                                1,231,500          21.2
                                                                               
    Andy Hasoon*                                          735,850          12.7
                                                                               
    SF Webb Capital Smaller Companies Growth Fund         424,387           7.3
                                                                               
    Cagri Yilmaz                                          312,500           5.4
                                                                               
    Steve Blythe                                          294,444           5.1
                                                                               
    Gary June                                             222,223           3.8

     *Directors of the Company

    The above figure of 5,816,342 Ordinary Shares may be used by shareholders in
    the Company as the denominator for the calculations by which they will
    determine if they are required to notify their interest in, or a change to
    their interest in, the share capital of the Company under the Financial Conduct
    Authority's Disclosure and Transparency Rules.

    The Directors of Milamber Ventures plc are responsible for the contents of this
    announcement.

    -ends-

    ENQUIRIES:

    Milamber Ventures plc   
    Andy Hasoon
    T: 07768 875 681
    E: Andy.hasoon@milamberventures.com
    www.MilamberVentures.com

    Peterhouse Corporate Finance Limited (NEX Exchange Corporate Adviser)
    Mark Anwyl and Fungai Ndoro
    T: 020 7469 0930

    Cadogan Leander (Financial PR)
    Christian Taylor-Wilkinson
    T: 07795 168 157