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Healthcare Locums plc Has Announced A Further Notice of Proceedings

Healthcare Locums plc Has Announced A Further Notice of Proceedings

Following the dismissal of the proceedings in the United States District Court for the Southern District of New York, as previously reported, it has come to the attention of the Board of Healthcare Locums plc that proceedings have now been commenced against Healthcare Locums plc, Diane Jarvis and Alan Walker (both being previous directors of Healthcare Locums plc) in the Supreme Court of the State of New York.

The proceedings have been filed by Permian Master Fund, LP Permian Investments Partners, LP Arundel Capital LLC Arundel Long Fund LP Arundel Hedge Fund LP Privet Capital, LLC and Flinn Investments, LLC ('the Plaintiffs').

Kathleen V Bleasdale is not a party to the proceedings. It is also noted that she was released from the former proceedings in the District Court by the Plaintiffs without prior explanation or reference to the Company.

The Summons and Complaint allege that Healthcare Locums plc and the named former directors made misrepresentations during 2010 concerning the Company's profitability and its accounting practices. The Summons and Complaint have not as yet been served on Healthcare Locums plc. However, the Company will update shareholders shortly.

Peter Sullivan, Chairman, commented "The Board is surprised to hear that the Plaintiffs continue to pursue their claim and maintains its opinion that the Plaintiffs' filed legal proceedings are wholly without merit."

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