Caretech Holdings PLC will seek shareholder approval for a share repurchase program at its Annual General Meeting to be held on February 12, 2013. Under the program, Caretech will repurchase up to 5,119,524 shares, representing 10% of its issued ordinary share capital as of January 11, 2013. The minimum price (exclusive of expenses) which may be paid for each share is £0.005 and the maximum price (exclusive of expenses) which may be paid for each share is an amount equal to 105% of the average of the middle market quotations of a share of the company taken from the London Stock Exchange Daily Official List for the 5 business days immediately preceding the day on which the share is contracted to be purchased.

The authority is valid till the next Annual General Meeting or on March 31, 2014, whichever is earlier.