MOBS Mobestar

    Mobestar Holdings Plc (the "Company" or "Mobestar")

Temporary suspension

Further to the announcement on 26 September 2008 the board announces that the
Company has been unable to secure further funding and has therefore requested
that the Company's shares be temporarily suspended from trading on AIM pending
clarification of the Company's financial position.

The board is currently seeking to appoint Administrators to the Company. A
further announcement will be made in due course.

Contact

For further information please contact:

Mobestar Holdings plc

Peter Richards, Chief Executive Officer

Tel: 08454 900 565

Nominated Adviser

Dowgate Capital Advisers Limited

Liam Murray

Tel: 020 7492 4777



END

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