Notice of EGM - Correction

    Immediate Release: Wednesday 3rd September 2008

This announcement replaces the Group's `Notice of Extraordinary General Meeting
and Change of Name' announcement released at 07:00hrs on 3 September 2008. In
the Group's announcement, in the first paragraph, it was explained that
Nanoscience Inc. was convening an EGM to consider a resolution to change the
Group's name to Toumaz Holdings Inc.

The Group's proposed name change should in fact read `Toumaz Holdings Limited'
and has been corrected in the announcement below. The rest of the announcement
remains unchanged.

                               Nanoscience Inc.                                

                  (`Nanoscience' or the `Company' or `Group')                  

          Notice of Extraordinary General Meeting and Change of Name           

Nanoscience, the specialist niche investor in emerging technologies with strong
commercial propositions for the healthcare and electronic sectors, is convening
an Extraordinary General Meeting ("EGM") at 12:00 CET 26 September 2008 at the
Zurich Marriott Hotel, Neumuhlequai 42, Zurich 8001, to consider resolutions to 
change the Company's name to Toumaz Holdings Limited and an internal 
reorganisation of the administrative structure of the Company's business.

CHANGE OF NAME

Since the acquisition of Toumaz Technology Limited ("Toumaz") in November 2005,
the Company has become increasingly focused on the research and development
activities of Toumaz and the planning of the future commercialisation of its
technology. As such, the Directors of the Company believe that the proposed
change of name better reflects the Company's commercial priorities. In order to
action the change of name a special resolution must be passed at a general
meeting of the Company and consequently the EGM is being convened.

Following the re-registration of the Company's name, the Company's shares will
be traded on AIM under a new EPIC code, TMZ. The Company's website will change
to www.toumazholdings.com

INTERNAL REORGANISATION

The Directors of Nanoscience intend to restructure the Group into three
administrative areas:

1. the development of new technologies (which will continue to be undertaken
within Toumaz) and their commercialisation as they become mature;

2. the management of intellectual property rights created;

3. and the management of non-Toumaz related investments.

This will ensure the commercial focus of the Group maximises the future returns
the Directors believe are attainable from its asset base. In addition the
global opportunity available to the business in its commercial expansion must
address the complexities of global tax and licensing as the move from research
towards development progresses and the anticipated rollout of products in 2009
unfolds. The proposed reorganisation will therefore consist of the following
actions (together "the Proposals"):

1. the transfer of such intellectual property rights as have been developed by
Toumaz to date to a newly formed and wholly owned company called Toumaz IP .
This company will also manage all new IP developed by Toumaz in the future; and

2. the transfer of the Group's non-Toumaz assets and investments to a newly
formed and wholly owned vehicle.

A circular convening an EGM to consider the change of name and internal
reorganisation has been posted to shareholders and the document is available to
download from the Company's website, www.nanosc.com

For further information please contact:

Guy Spelman              Nanoscience Inc.               Tel: [phone]  
                                                                               
Sam Smith/               FinnCap                        Tel: [phone]     
                                                                               
Charles Cunningham                                                             
                                                                               
Vikki Krause             Hansard Group                  Tel: [phone]  



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