Share consolidation and Total Voting Rights (5969R)

TIDMXCT

RNS Number : 5969R

XCounter AB

07 November 2011

PRESS RELEASE

Stockholm, 7 November 2011

Share consolidation and Total Voting Rights

XCounter AB (AIM: XCT) ("XCounter" or the "Company"), a technology leader in the development and supply of specialty X-ray detectors, announces that following its general meeting held on 17 October 2011, where it was proposed and approved that the Company should undertake a 50:1 share consolidation (the "Share Consolidation"). The Share Consolidation became effective today, at 8:00 am. As a result, shareholders now hold 1 Ordinary Share for every 50 Ordinary Shares held prior to the Share Consolidation.

In addition, as a result of the Share Consolidation becoming effective, the total number of shares with voting rights is 3,909,670. This figure should be used by shareholders as the denominator for the calculations by which they determine whether they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.

For further information, please contact:

XCounter AB Tel: +46 (0) 8 622 23 00

Mikael Strindlund, CEO

Singer Capital Markets Limited Tel: +44 (0) 20 3205 7500

Shaun Dobson / Claes Spang

Capital MS&L Tel: +44 (0) 207 307 5330

Anna Davies

About XCounter AB

XCounter AB is a leader in the development and supply of direct conversion, photon counting and tomosynthesis based 3D X-ray imaging technologies for medical, dental and industrial X-ray imaging. Headquartered in Stockholm, XCounter employs 28 people in its facilities in Sweden and Finland. For more detailed information, please visit: www.xcounter.se

This information is provided by RNS

The company news service from the London Stock Exchange

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