Ashcourt Holdings PLC
29 April 2005

29 April 2005


 Ashcourt Holdings plc appoints Senior Asset Manager and Investment Strategist
                         ("Ashcourt" or "the Company")

Ashcourt Asset Management, a subsidiary of Ashcourt Holdings, has appointed
Andrew Crickmore as a Senior Asset Manager and Simon Brown as an Investment
Strategist.  Both will join the Company on the 1st May 2005.

After having spent the past three years in New Zealand, Andrew Crickmore has
returned to the UK to join Ashcourt as a Senior Asset Manager.  In New Zealand,
Andrew was with Broadview Financial Management Ltd, an independent investment
business, managing portfolios for high net worth New Zealand clients and
off-shore clients.  Prior to this, Andrew spent eight years with Rathbone
Investment Management managing private individual assets. He also played an
integral part in the amalgamation of Rathbone, Laurence Keen and Neilson
Cobbold, substantially increasing the firm's assets under management.

Simon Brown is a highly regarded investment fund manager with 17 years
experience in managing institutional funds in UK and European equities.  Simon
joins Ashcourt from Clareville Capital where he managed the Core European equity
long/short portfolio with total assets of #400m.  Along with Stephen Walker, an
existing analyst, Simon will be responsible for Ashcourt's investment strategy.
Before this appointment, he was a Senior Fund Manager for Shell Pensions
Management Services, responsible for the European equity team, where he managed
total assets of over #2bn.

Commenting on the appointments John Morton, Ashcourt's Chief Executive Officer,
said: "We are delighted to appoint both Andrew and Simon to join Ashcourt, as
they both bring considerable experience and expertise to the group and are
welcome additions to an already experienced team.  The appointments underpin our
commitment to further develop expertise within Ashcourt which we believe is
instrumental to the growth of assets under management "


                                     -Ends-

For further information please contact:

Ashcourt Holdings Plc                         Parkgreen Communications
John Morton, Chief Executive Officer          Justine Howarth/Ana Ribeiro
Tel: 01732 520780                             Tel: 020 7493 3713


Notes to Editors

Ashcourt Holdings Plc listed on AIM in July 2004 (ticker: AHP).The Ashcourt
Group provides regulated investment and financial planning services through the
following wholly owned subsidiaries:
     
*    Ashcourt Asset Management Limited offers independent discretionary and 
     advisory portfolio management services to private clients, businesses and
     charities.  Regulated by the FSA, it has offices in Brighton, Hitchin Kings 
     Hill (Kent), London and Winchester.

*    Ashcourt Asset Management Guernsey Limited is a management company 
     appointed to manage the Ashcourt Select Portfolio and the Ashcourt Sterling 
     Bond Fund.  It is based in Guernsey and regulated by the Guernsey Financial 
     Services Commission.  It also offers offshore asset management services 
     through its wholly owned subsidiary, Ashcourt Nominees Guernsey Limited.

*    Ashcourt Investment Advisers Limited offers independent pension and 
     financial planning advice to both private and corporate clients.  It has 
     offices in Kings Hill, London and Winchester and is regulated by the FSA.

The Group now employs over 85 people and, through acquisitions and organic
growth, has increased assets under management from #160m in 2000 to current
levels of over #600m.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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