Summary of the Placing

On 6 June 2007 Brewin Dolphin placed a total of 4,000,000 shares at 150p per share (the "Placing Price"), representing 35.29 per cent. of the Company’s issued share capital following the company's admission to AIM, which raised approximately £6 million before expenses. In addition, Brewin Dolphin placed a total of 2,430,198 shares at the Placing Price on behalf of certain selling shareholders. At the Placing Price the Company had a market capitalisation of approximately £17 million.

Directors of the Company subscribed for 126,666 New Ordinary Shares (a value of £189,999 at the Placing Price) in the Placing.

Application was made for the whole of the issued ordinary share capital of the Company to be admitted to trading on AIM. No application was made for any of the Ordinary Shares to be admitted to the Official List of the UK Listing Authority or to the London Stock Exchange’s market for listed securities. Admission became effective and dealings in the Ordinary Shares commenced on AIM on 6 June 2007.

PLACING STATISTICS

Placing Price		150p
Number of Ordinary Shares in issue prior to the Placing		7,333,620
Number of Placing Shares being placed on behalf of the Company		4,000,000
Number of Sale Shares being sold pursuant to the Placing		2,430,198
Percentage of enlarged share capital being placed		56.7%
Number of Ordinary Shares in issue following Admission		11,333,620
Estimated gross proceeds of the Placing receivable by the Company		£6 million
Estimated net proceeds of the Placing receivable by the Company		£5.4 million
Market capitalisation of the Company at the Placing Price		£17 million
EPIC Code		PRES

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Pressure Technologies was incorporated in England and Wales on 2 March 2007 with number 6135104.

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