Correction: Completion accounts of Leasecom (8726X)

TIDMAPL

RNS Number : 8726X

ACP Capital Limited

13 December 2010

ACP Capital Limited

Correction Announcement

Further to the announcements dated 3 November 2010 (RNS 5593V) and 13 December 2010 (RNS 8082X) in connection with the sale of the Company's shareholding in Leasecom Group SAS the Company notes that both announcements refer to a book value of Leasecom Group SAS as at 30 September 2010 of EUR 17.2 million; this should have been GBP 17.2 million (EUR 20 million) in both announcements. All other information remains the same. The amended text from today's announcement appears below.

Completion accounts of Leasecom

13 December 2010

ACP Capital Limited ("ACP") is pleased to announce that it has finalised the calculation of the post closing adjustments relating to the sale of its interests in Leasecom Group SAS ("Leasecom") and has received a further EUR5.4 million in cash, taking the total cash consideration received to EUR22.4 million. The book value of Leasecom as at 30 September 2010 was GBP17.2 million.

ACP expects to make final cash distributions to ACP shareholders from the proceeds of these completion adjustments and the disposal of its shareholding in Davenham Group plc. The precise amount of the final cash distributions will depend on the directors' assessment of liquidation costs. In accordance with ACP's policy of promptly returning excess cash to shareholders, ACP will make a further announcement shortly regarding final cash distributions, the liquidation process and the de-listing from AIM.

Enquiries:

Bruce Garrow, Collins Stewart Europe, [phone] (Nominated Adviser)

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCKKNDDOBDDOBD