IHUK Impact Holdings

                           Impact Holdings (UK) plc

                          ("Impact" or "The Company")

                        Proposed Capital Reduction and
                           Notice of General Meeting

Impact Holdings (UK) plc (AIM: IHUK) announces that it will be posting a
circular to shareholders today setting out the recommended proposals of the
Board to increase the distributable reserves of the Company in order to support
the Company's ability to pay dividends, should it be desirable to do so in the
future. Further details are set out in the circular.

The proposals, which comprise a capital reduction, are conditional upon,
amongst other things, the Company obtaining appropriate shareholder approval at
a General Meeting. Accordingly the circular to be sent to shareholders today
contains the notice of General Meeting which will be held on 12 March 2014.

The shareholder circular and notice of meeting will be available on the
Company's website shortly after posting.

For further information:

Impact Holdings (UK) plc Paul Davies, Chief Executive Officer
Tel: 0161 437 9499

Zeus Capital Limited Andrew Jones/Nick Cowles
Tel: 0161 831 1512