Blue Star Capital plc announced that further to the announcement dated 17 April 2013, the company has agreed a further extension to the shareholder loan agreement entered into on 28 April 2011, and thereafter extended on 1 June 2012, 12 October 2012, 3 January 2013 and 17 April 2013. The original amount of the Loan was £400,000 which, with the accrued interest, had been due for repayment by March 31, 2012. The terms of the Loan remain unchanged, except that repayment, which had been extended to June 30, 2013, has now been deferred until July 31, 2013.

Peter Varnish has notified the board that he intends to resign as non-executive director with immediate effect from 28 June 2013.