REG-Westech Instrument Holdings Plc: Financing Update

Westech Instruments Holdings plc

Financing Update

Westech Instrument Holdings plc ("Westech" or "the Company") announces the
following update regarding the Company's financing.

On 5 June 2009 the Company announced that it had not been successful in gaining
a loan under the Government's Enterprise Finance Guarantee scheme and that
discussions were taking place with other parties with regard to securing
additional working capital. Following these discussions, the Company announces
that it has entered into an agreement with Eternitas Property Investments LLP
("Eternitas") to provide the Company with a £250,000 working capital facility
("the Facility"). The Facility will be in place for a three month period from
10 July 2009.

Under the terms of the Facility, the Company will be charged total interest of
£25,000 for the three month duration of the Facility in addition to a £15,000
arrangement fee and a monthly monitoring fee. In connection with the Facility,
Westech has agreed to grant Eternitas warrants to subscribe for 28 per cent. of
the enlarged share capital of the Company for an aggregate consideration of £
25,000 (the "Eternitas Warrants"). Should Westech fail to grant the Eternitas
Warrants by 11 September 2009, it has agreed to pay Eternitas £50,000.

In order to enable the grant of the Eternitas Warrants, a general meeting will
be convened to approve the restructuring of the share capital of the Company.
The Directors have given undertakings to vote in favour of the resolution(s) to
be proposed at the general meeting to effect the share capital restructuring
and the granting of the Eternitas Warrants. The Eternitas Warrants will be
exercisable for a period of five years from their grant and are transferrable.

Enquiries:

Westech Instrument Holdings plc 01462 816966

Dick Richardson / Norman Oseland

Hanson Westhouse Limited 0113 246 2610

Tim Feather / Matthew Johnson

END