O Twelve Estates Ld : O Twelve Estates Limited - Result of AGM

O Twelve Estates Limited (the "Company")

The Board of Directors of the Company confirm that at the Annual General Meeting held today, the following resolutions were duly passed.

Ordinary Resolution 1	To receive and, if thought fit, to adopt the reports of the Directors and Auditors and the audited financial statements for the year ended 31 March 2011.
	400,164,017 votes were received with 400,164,017 voting in favour of the resolution, 0 voting against the resolution and 0 abstaining
Ordinary Resolution 2	To re-appoint Ernst & Young LLP as Auditors and to authorise the Directors to agree their remuneration.
	400,164,017 votes were received with 400,164,017 voting in favour of the resolution, 0 voting against the resolution and 0 abstaining
Ordinary Resolution 3	To re-elect Mr Barnes, who offers himself for re-election as a Director.
	400,164,017 votes were received with 400,164,017 voting in favour of the resolution, 0 voting against the resolution and 0 abstaining.
Ordinary Resolution 4	To re-elect Mr Radford, who offers himself for re-election as a Director.
	400,164,017 votes were received with 400,164,017 voting in favour of the resolution, 0 voting against the resolution and 0 abstaining.
Ordinary Resolution 5	To elect Mr Donnor, who offers himself for election as a Director.
	400,164,017 votes were received with 396,909,711 voting in favour of the resolution, 3,254,306 voting against the resolution and 0 abstaining.
Ordinary Resolution 6	To elect Mr Warner, who offers himself for election as a Director.
	400,164,017 votes were received with 396,909,711 voting in favour of the resolution, 3,254,306 voting against the resolution and 0 abstaining.
Ordinary Resolution 7	To authorise the enlargement of the Target Area.
	400,164,017 votes were received with 400,164,017 voting in favour of the resolution, 0 voting against the resolution and 0 abstaining
Ordinary Resolution 8	To authorise the Company to buy back its own shares.
	400,164,017 votes were received with 400,156,245 voting in favour of the resolution, 7,772 voting against the resolution and 0 abstaining
Special Resolution 1	To disapply the pre-emption provisions in the Company's Articles of Incorporation.
	400,164,017 votes were received with 400,104,017 voting in favour of the resolution, 60,000 voting against the resolution and 0 abstaining

Rugby Asset Management	[phone]
David Tye
Andrew Wilson
Financial Dynamics	[phone]
Stephanie Highett
Dido Laurimore

Fairfax I.S. Plc	[phone]
Simon Bennett
Katy Birkin
Laura Littley

O Twelve was launched on AIM in 2006 to establish a substantial property investment portfolio in the Thames Gateway area, taking advantage of the infrastructure improvements there in the run-up to the London Olympic Games in 2012. The Company is now considering opportunities in the broader London and South East England area and an amendment to the defined Target Area was approved by shareholders at the AGM. Rugby Asset Management Limited ("RAM"), a subsidiary of Rugby Estates Plc, is Property Adviser to O Twelve.