Cap XX : Director Disclosure Update

1 March 2019

CAP-XX Limited

('CAP-XX' or the 'Company')

Director Disclosure Update

CAP-XX announces the following amended disclosures in relation to Pat Elliott, Non-Executive Chairman of the Company. These disclosures were made correctly by Mr Elliott to the Company's nominated adviser at the time of his appointment to the board in 2011 and subsequently, but neither Mr Elliott nor the Company was advised that these matters required disclosure under the AIM Rules. The disclosures are made pursuant to AIM Rule 17 and Schedule 2(g) of the AIM Rules.

T O'Connor Holdings Limited, a company of which Pat Elliott was a director, entered into receivership and was later liquidated in March 1998. The Company had a total deficit to creditors of A$15 million. The deficit when the receiver was appointed was A$13.9 million on the statement of claim. Secured creditors (banks and providers of performance bonds) received a full repayment of capital, but not penalty interest to which they may have been entitled.

In addition, Telminex NL, a company of which Pat Elliott was a director, entered into administration in 2004 and a deed of company arrangement was completed in March 2010. All external creditors were paid in full.

For further information contact:

CAP-XX Limited
Anthony Kongats (Chief Executive Officer)		[phone]
Kreab (Financial PR)
Robert Speed		[phone]
Allenby Capital (Nominated Adviser and Broker)
David Hart / Alex Brearley (Corporate Finance)		[phone]

More information is available at www.cap-xx.com

Notes to Editors:

CAP-XX (LSE: CPX) is a world leader in the design and manufacture of thin, flat supercapacitors and energy management systems used in portable and small-scale electronic devices, and to an increasing extent, in larger applications such as automotive and renewable energy. The unique feature of CAP-XX supercapacitors is their very high power density and high energy storage capacity in a space-efficient prismatic package. These attributes are essential in power-hungry consumer and industrial electronics, and deliver similar benefits in automotive and other transportation applications. For more information about CAP-XX, visit www.cap-xx.com