Millwall Holdings plc

(the "Company")

 Result of EGM

 At the EGM held earlier today the resolution to consolidate the share capital of the Company by converting every 100,000 ordinary shares of 0.01p each (Existing Ordinary Shares) to 1 new ordinary share of £10 (New Ordinary Share) was approved by a majority of shareholders on a show of hands. The voting of Proxies received was:

For                        21,188,387,932 shares (98.14%)
Against                       401,494,217 shares  (1.86%)

Of those shareholders who voted and who each hold less than 1% of the issued share capital the proportion of votes cast in favour of the resolution was 66.53% whilst the proportion of votes cast against was 33.47%

A total of 1,856 shareholders have elected that their fractional entitlements be sold for the benefit of the "Help for Heroes" charity, which is expected to result in fractions totalling 602 New Ordinary Shares being sold and the proceeds passed to the charity. The number of shares to be transferred to The Lions Trust is expected to total 10,210 New Ordinary Shares, representing 2.71% of the shares in issue.

The New Ordinary Shares will be entered in the Register of Shareholders based on holdings registered at 5pm today. Following this the issued share capital will be 376,610 New Ordinary Shares of £10 each. Application has been made to the AIM Market of the London Stock Exchange plc for the New ordinary Shares to be admitted to trading.

The number of shares not in public hands will be 191,815 New Ordinary Shares representing 50.93% of the shares in issue.

The following have a significant holding in the Company:

	Number	%age
CHESTNUT HILL VENTURES LLC*	106,666	28.28
SPORTS REGENERATION LIMITED  controlled by Graham Ferguson Lacey **	62,693	16.65
WILLIAM SHENKMAN ( held by Lynchwood Nominees Limited as his nominee )	27,322	7.25
TD WATERHOUSE NOMINEES ( EUROPE ) LIMITED  ( as nominees for a number of shareholders )	16,674	4.43
TREVOR KEYSE ( 12,500 shares held by Rowanmoor Trustees as nominee )	13,756	3.65
BARCLAYS NOMINEES LIMITED ( as nominees for a number of shareholders  )	12,537	3.33
*ultimately controlled by Richard A. Smith as Trustee of the Philip Smith dec'd Will Trust
** ultimately controlled by Graham Ferguson Lacey, of which 10,000 shares are held by Forest Nominees Limited