AVG Avingtrans Plc

    Immediate Release: Thursday 16 October 2008

                        AVINGTRANS PLC (THE "COMPANY")                         

  RESULT OF THE ANNUAL GENERAL MEETING AND THE EXTRAORDINARY GENERAL MEETING   

Avingtrans plc is pleased to announce that all resolutions proposed to
shareholders at the Company's Annual General Meeting and the Extraordinary
General Meeting held earlier today were duly passed.

As a result, the placing announced on 17 September 2008, raising approximately
�3.5 million before expenses, has now been completed, subject to admission of
the placing shares to trading on AIM.

Application has been made to the London Stock Exchange for the placing shares,
consisting of 7,000,000 ordinary shares, to be admitted to trading on AIM.
Admission of such ordinary shares is expected to occur on 17 October 2008
whereupon there will be 24,630,577 ordinary shares of 5 pence each in issue.

                                    -Ends-                                     

Avingtrans plc                                      Tel: 0115 949 9020

Roger McDowell, Non-Executive Chairman


KBC Peel Hunt Ltd (Nominated Adviser & Broker)      Tel: 020 7418 8900

Julian Blunt

David Anderson


Hansard Group                                       Tel: 020 7245 1100

Adam Reynolds



END

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