Creditors Voluntary Liquidation

 
TIDMOEM 
 
For immediate release 
 
15 March 2011 
 
                  OEM PLC -IN CREDITORS VOLUNTARY LIQUIDATION 
 
Trading in the Company's shares on AIM was suspended on 3 March 2008 and the 
Company's subsequently announced on 3 December 2010 that the Company was 
considering a Company Voluntary Arrangement (CVA). However, it was subsequently 
deemed that a CVA was not a viable option. 
 
It was therefore agreed to place the Company into Creditors' Voluntary 
Liquidation. As a result of this, a General Meeting of the Company's 
shareholders was duly convened and held at Quadrant House, 4 Thomas More 
Square, London, E1W 1YW, on 4 March 2011. The following resolutions were duly 
passed as a special and an ordinary resolution, respectively: 
 
1.      "That it has been resolved by special resolution that the Company be 
        wound up voluntarily." 
 
2.      "That Peter Kubik and Michael Kiely of UHY Hacker Young LLP, 
        Quadrant House, 4 Thomas More Square, London, E1W 1YW be and are 
        hereby appointed Joint Liquidators of the Company for the purposes 
        of the winding-up". 
 
At the subsequent meeting of creditors held at the same place on the same date, 
the resolutions were ratified confirming the appointment of Peter Kubik and 
Michael Kiely as Joint Liquidators. 
 
For more information please contact: 
 
UHY Hacker Young LLP 
 
Michael Kiely 020 7216 4636 
 
UHY Hacker Young LLP 
 
Quadrant House 
 
4 Thomas More Square 
 
London E1W 1YW 
 
 
 
END