CalciTech Files 2007 Results.

HAMILTON, Bermuda -- CalciTech Ltd. (Plus Markets:CLK) (OTCBB:CLKTF) announces today it has filed with the SEC and PLUS Markets its audited accounts for the year ended December 31st, 2007. In 2006 the Board of Directors had decided to change the company's year end from 28th February to a calendar year. For comparison, the 10 month period ending December 31st, 2006 is presented. The Company's annual 20F filing can be downloaded from the SEC website: www.sec.gov/edgar.shtml.

Revenues increased from $48,000 to $58,000 and were entirely generated through the sale of SCC samples for potential client trialing. This increase reflects the 12 month activity in 2007, as compared with the 10 month activity in 2006.

With the continued development of projects and products, and the increased rate at which these are undergoing feasibility studies, both project and product development costs have been capitalized to the value of $1,019,983. These will be funded through wholly owned and joint venture companies as they develop. A further $1,086,653 were included in intangible assets, representing pre-finance costs incurred relating to the planned commercial plant at Leuna and expect to be funded out of project finance on closing.

In the year, General and Administrative expenditure increased by $59,000 over the 10 month period to December 31, 2006. However, overall, the monthly rate of G&A expenditure fell by $5,400 from the previous 10 month period to December 31, 2006. Net losses for the year increased $57,287 to $677,507, overall, this represents a monthly fall in deficit of $5,500 from the previous 10 month period to December 31, 2006.

The year was finished with $117,494 in cash and cash equivalents and, under International Financial Reporting Standards, the Company is pleased to report a shareholders' surplus of $2,174,447, compared to shareholders deficit of $76,333 as at December 31, 2006. Epsom Investment Services continued to support your company throughout the year and converted $3,260,697 of debt into 11,098,990 shares.

The information in this document was extracted from the accounts audited by

H W Fisher and Company Chartered Accountants Acre House 11-15 William Road London NW1 3ER United Kingdom

Registered Office: CalciTech Limited Par-La-Ville Place 14 Par-La-Ville Road Hamilton Bermuda Company registration number: 20494

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 products 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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