Result of General Meeting

RNS Number:7668S
Maelor PLC
21 April 2008

21 April 2008

                     Maelor plc ('Maelor' or the 'Company')

                           Result of General Meeting

The Board of Maelor plc (AIM:MLR), the specialist hospital medicines group, is
pleased to announce that the ordinary resolutions and special resolutions
considered at the General Meeting, convened by the circular sent to shareholders
on 28 March 2008 and held today, were duly passed.

Following the passing of resolution 1, the 1 for 7 share consolidation of the
Company's existing ordinary shares will take place at the close of business
today, 21 April 2008 ('Share Consolidation').  Application has been made for the
admission of the consolidated ordinary shares to trading on AIM. It is expected
that admission will become effective on 22 April 2008, whereupon the Share
Consolidation will be effective and the issued share capital of the Company will
be 17,754,404 ordinary shares of 70 pence each.  Apart from the change in
nominal value, the consolidated ordinary shares arising on implementation of the
Share Consolidation will have the same rights as the existing ordinary shares
including voting, dividend and other rights.  The ISIN of the consolidated
ordinary shares is GB00B2QBY649.

Following the passing of resolution 6, the Company's name has been changed to IS
Pharma plc. Dealings in the Company's shares under the new name are expected to
commence on 28 April 2008. The ticker is ISPH.

The Board anticipates notifying the market of the completion of the acquisition
of Speciality European Pharma International AG on 28 April 2008.


                                    - ENDS -

Enquiries:

Maelor plc                                        Tel: +44(0) 1244 625150
Tim Wright - CEO
www.maelor.plc.uk

Financial Dynamics Limited                        Tel: +44(0) 20 7831 3113
Billy Clegg / Edward Westropp

Noble & Company Limited                           Tel: +44(0) 20 7763 2200
Matthew Hall / Sam Reynolds


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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