5 April 2007

Aqua Bounty Technologies

('Aqua Bounty' or 'the Company')

 

Aqua Bounty Technologies issues release in response to share price movement

 

Aqua Bounty Technologies, Inc. (AIM: ABTX), a biotechnology company that develops products to manage health and increase productivity in the fast-growing aquaculture sector, has today issued a statement in response to the recent movement in its Company share price.

 

The Board of Directors confirms that it is not aware of any operational reason for the recent movement of the Company’s share price.  The Board reaffirms that the expectations contained in the trading update issued on 9 March 2007 that the loss for 2006 is expected to be in line with expectations; that the financial health of the Company is excellent; and that there has been no further alteration in projected revenues for 2007.

 

Aqua Bounty will release its full year figures for the year ended 31 December 2006 in May 2007.

For further information please contact:

Aqua Bounty Technologies Inc. 

Elliot Entis                                                                                          +1 781 899 7755

Joseph McGonigle

Bell Pottinger Corporate & Financial

Daniel de Belder / Amy Rajendran                                     +44 (0) 20 7861 3232