31 March 2006

Grant of options

Further to the announcement this morning of a recommended cash offer, to be made by Noble & Company Limited on Clapham House’s behalf, for the entire issued and to be issued share capital of Urban Dining plc (the “Offer”) and the proposed placing by the Company to raise approximately £25.4 million to fund the Offer (the “Placing”), the Board of Clapham House announces that share options have today been granted, conditional upon completion of the Offer and the Placing.

A PDF version of the full announcement can be downloaded here.