ADP Adorian

RNS Number:9365L
Adorian PLC
10 November 2006









For Immediate Release                                        10 November 2006



                                  Adorian PLC

                          ("Adorian" or the "Company")


                  Issue of Convertible Loan Notes and Warrants





The Company announces that in order to provide the Company with additional
working capital it has issued #105,263 of zero coupon unsecured convertible loan
notes to investors. The loan notes are convertible at any time within five years
of issue into ordinary shares of 0.1p each at a price of 0.5p per share and
otherwise repayable at the end of that period. The loan note holders have also
been issued warrants to subscribe for a further 21,052,600 ordinary shares
exercisable at a price of 0.5p per share in the five years to 31 October 2011.



-End-

Contacts:

Roland Cornish 020 7628 3396
Beaumont Cornish Limited

Nigel Weller 020 7251 3762
Adorian Plc






                      This information is provided by RNS
            The company news service from the London Stock Exchange

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