PAVILION INSURANCE NETWORK

For the past four years PVL has provided administration services for a specialist student insurance provider, but recently they have branched out in their own right.
PVL floated on AIM in June 2004 valued at £2.05m after raising £700K in a 14m share placing at 5p. In September 2004 they issued 5m shares at 5p "for working capital".

These have rocketed from 7p to 9.25p in the last few days on the back of Campus Media's launch of Studentguard at an initial 20 campus locations. For more info check out www.studentguard.co.uk. More products including student motor insurance set for H1 2005.

Some respected heads appointed in last few months. Tackleguard launched in mid-August to target Britain's 3.5m anglers. One to watch I reckon.

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RECENT NEWS
Jan 05. New corporate website just launched at WWW.PINPLC.CO.UK.
Feb 05. A placing of 9.09m shares at 5.5p. PVL now has 55,045,800 shares in issue and current market cap of £3.71m (at 6.75p).
Feb 05. Lauch of in-house premium finance facility allowing monthly insurance payments.