Millwall Holdings PLC (the "Company") Announcement of Proposed Cancellation of Admission to trading on AIM

Having undertaken a review of both the advantages and disadvantages of maintaining admission of the Company's ordinary shares ("Shares") to trading on AIM, the Directors have concluded that a proposal to cancel the admission should be made to shareholders in an extraordinary general meeting ("EGM"). In reaching a decision to propose this to shareholders, the Directors have taken the following factors into account: