CalciTech Ltd. (OTCBB: CLKTF) announces that at the Annual General Meeting held on September 25, 2000, the Shareholders of the Company overwhelmingly approved a resolution that, if deemed advisable, the Board of Directors be authorised to carry out a share consolidation in preparation for any future change of listing. Following advice from the Company's financial advisors, the Board passed a resolution on December 16, 2014 to proceed with a consolidation of the common shares of the Company on the basis of twelve thousand (12,000) pre-consolidation shares for one (1) post consolidation share (the "Consolidation").

Currently, a total of 200,933,204 common shares are issued and outstanding. Accordingly, upon the Consolidation becoming effective, a total of approximately 16,397 common shares will be issued and outstanding

The Company will mail letters of transmittal to the shareholders providing instructions on exchanging pre-Consolidation share certificates for post-Consolidation share certificates. Shareholders are encouraged to send their share certificates, together with their letter of transmittal, to the Company's registrar, Computershare Trust Company of Vancouver, Canada in accordance with the instructions in the letter of transmittal.

The directors of the Company take responsibility for this announcement.

The directors of the company take responsibility for this announcement.

This press release contains "forward looking statements" including forward looking statements as that term is defined in section 27a of the United States Securities Act of 1933 and section 21e of the Securities and Exchange Act of 1934. Statements in this press release, which are not purely historical are forward looking statements and include any statements regarding beliefs, expectation or intentions concerning the future. Forward looking statements in this press release include, but are not limited to statements which are subject to a number of contingencies and uncertainties, including, but not limited to, market acceptance for CalciTech's products, manufacturing of CalciTech's products in a commercial setting, obtaining adequate financing and construction management for production and obtaining appropriate permits.

It is important to note that the corporation's actual outcomes may differ materially from those in forward looking statements contained in this press release. Although the company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations and intentions will prove to be accurate. Readers should refer to the risks disclosures in the company's public filings with the Securities and Exchange Commission.

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