The Board of JIL is pleased to announce that at the Company's General Meeting held earlier today all of the resolutions were duly passed, including the approval of the proposed placing of new ordinary shares at 114 pence per share (the 'Placing') and the amendment to the Articles in relation to the interim dividend declared on 9 March 2009.

Full details of the Placing were set out in a circular sent to shareholders on 9 March 2009.  Application has been made for a total of 30,701,754 new ordinary shares issued pursuant to or in connection with the Placing to be admitted to trading on AIM.  Admission and commencement of dealings is expected to occur at 8.00 a.m. on 6 April 2009. The Company expects to raise net proceeds of approximately £33.2 million from the Placing.

Following the admission of the 30,701,754 ordinary shares on 6 April 2009, the Company's total issued share capital will be 110,701,754 ordinary shares of no par value. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

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