Notice of AGM (8680H)

TIDMHLO

RNS Number : 8680H

Healthcare Locums PLC

06 June 2011

Healthcare Locums plc

6 June 2011

Notice of AGM

Healthcare Locums plc ("the Company" or "the Group") confirms that the Annual General Meeting of the Company will be held at One Fleet Place, London EC4M 7WS on 29 June 2011 at 11.00am at which the following resolutions will be proposed as Ordinary Resolutions:

As Ordinary Business:

1. To re-appoint Peter Sullivan as a director having been appointed since the last Annual General Meeting.

2. To re-appoint David Henderson as a director having been appointed since the last Annual General Meeting.

3. To re-appoint Stephen Burke as a director having been appointed since the last Annual General Meeting.

4. To re-appoint Colin Whipp as a director having been appointed since the last Annual General Meeting.

5. To re-appoint Andrew McRae as a director having been appointed since the last Annual General Meeting.

The Notice of Annual General Meeting and a covering letter (which is reproduced below) are being posted to shareholders today, and will be available on the Company's website shortly.

Covering Letter

6 June 2011

Dear Shareholder

Notice of AGM

As you are no doubt aware, on 25 January 2011, the Board announced the discovery of serious accounting irregularities within the Group and trading in the Company's shares on AIM was suspended. An immediate investigation was launched to establish the circumstances surrounding the commission of, the extent of and the financial implications of these accounting irregularities. Since then, the entire personnel of the Board has changed. Considerable progress has been made in the investigation and it had been the Board's intention to lay the audited 2010 accounts before the Company's Annual General Meeting. Our aim is to ensure that the investigation is as thorough as possible. However, aspects of the accounting irregularities are taking longer to resolve and unfortunately this is currently preventing us from finalising the audited accounts.

The Company is obliged to hold its Annual General Meeting by the end of June 2011 and is therefore convening this meeting in the absence of the 2010 financial statements. It is the intention of the Board to complete the 2010 audited accounts as soon as possible and then to convene a separate Extraordinary General Meeting to consider these and conduct other business which would normally be considered at the Annual General Meeting together with the accounts.

The uncertainty created by the investigation has been frustrating for the Group's employees as well as your Board, the shareholders and the Group's other stakeholders. In the circumstances, I am grateful to our employees for the dedication they have shown. It should be noted that the Australian business which the company acquired in December 2010 has been trading well and appears to be unaffected by the accounting irregularities which occurred in the UK. I am also grateful for the cooperation of the Group's lenders who have been supportive of the Group and the work of the Board in its efforts to normalise the situation.

I am pleased to have been joined on the Board by colleagues with a breadth of experience in both managing and resolving complex business issues. Your Board's priority is to finalise the audited annual accounts and I look forward to being able to give shareholders a more detailed update as soon as possible.

Yours sincerely

Peter Sullivan

Chairman

Healthcare Locums plc

Contact details:

Healthcare Locums Plc

Peter Sullivan, Chairman

Tel: 0207 451 1451

Fairfax I.S. PLC

Nomad and Joint Broker

Simon Bennett/Ewan Leggat/Laura Littley

Tel: 020 7598 5368