Issue of Equity

23 May 2014: Sphere Medical Holding  plc (AIM: SPHR.L) (“Sphere Medical” or the “Company”), a leading developer of innovative monitoring and diagnostic products for the critical care setting, today announces that 196,630 ordinary shares of £0.01 each in the capital of the Company ("New Ordinary Shares") have been issued and allotted pursuant to the exercise of share options under the Enterprise Management Incentives Scheme by a former employee.

Application will be made to the London Stock Exchange for the 196,630 New Ordinary Shares to be admitted to trading on AIM ("Admission"), Admission is expected on 30 May 2014. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares. The total number of Ordinary Shares in issue following Admission will be 59,405,290. Accordingly, the figure of 59,405,290 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.