Ultima Networks Plc

(“Ultima” or the “Company”)

AGM Statement

The Company is pleased to confirm that at today’s Annual General Meeting all of the resolutions were duly passed.

29 May 2008

Enquiries:

Ultima Networks Plc

Humayun Mughal, Chairman and CEO

Rob Piper, Finance Director

01279 821 200

Nexus Financial Ltd

Nicholas Nelson

John Mundy

020 7451 7068

Nicholas.nelson@nexusgroup.co.uk

Blomfield Corporate Finance Limited

Alan MacKenzie

James Pinner

020 7489 4500