Result of EGM

    Neville Porter plc
                                        
                                 (the "Company")
                                        
                     Result of Extraordinary General Meeting

20 March 2008


On 27 February 2008, the Company announced that it had entered into various
agreements with Mr Porter, the Managing Director of the Company, concerning a
proposed refinancing and restructuring of the Company and its subsidiaries'
(collectively the "Group") business. Certain of the proposals were conditional
upon shareholder approval which was given on 17 March 2008.

As part of the arrangements (and as previously announced on 27 February 2008) a
put and call option agreement was entered into between Mr Porter, the Company
and Neville Porter Racing Limited ("NPR") (a wholly-owned subsidiary of the
Company) which granted an option to Mr Porter to acquire from NPR its entire
interest in the UK on-course betting pitches for £350,000.

Mr Porter has now exercised the option, and completion of the transfer of the UK
on-course betting pitches is expected to complete on or around 31 March 2008.
The consideration due to the Company will be satisfied as to £300,000 by way of
the set-off against sums owing to Mr Porter under facilities made to the Group
and as to the balance of £50,000 by way of a cash payment payable by 17 April
2008.

Upon completion of the transfer of the UK on course betting pitches they will be
leased back to the Company under the terms of the Leaseback Agreement summarised
in the announcement made by the Company on 27 February 2008.




Neville Porter plc
David Soley                                      08000 223388

Blomfield Corporate Finance Ltd
Nick Harriss                                     020 7512 0191

SVS Securities plc
Richard Morrison
Peter Manfield                                   020 7638 5600