Frontier IP Limited

FIPP

1 February 2010

Frontier IP Group Plc

(“Frontier IP” or “the Group”)

Trading Update

Frontier IP, which specialises in the commercialisation of university intellectual property, is pleased to provide the following update on trading for the six months ended 31 December 2009 which represents the Group’s maiden interims as a PLUS-quoted company.

While the business generated a small loss, Frontier has made good progress during the first six months of the year, including launching two university venture funds. The Group continues to see a number of interesting opportunities and the Directors look forward to updating shareholders further on trading and prospects when half year results are issued at the end of March.

The Directors accept responsibility for the content of this announcement.

For further information please contact:

Neil Crabb, Chairman

Frontier IP Group

T: 0131 220 9491

Katie Tzouliadis/ Sophie Lane

Biddicks

T: 020 7448 1000

Gavin Burnell/ Guy Miller

St Helens Capital Partners LLP

T: 020 7448 4400