Funding Facility Agreement

RNS Number:9926A
ACP Capital Limited
27 July 2007

   ACP Capital agrees terms to establish an asset-backed funding facility



ACP Capital Limited ("ACP Capital" or the "Company": APL.LN), the merchant bank
and asset manager focused on European small and medium sized enterprises ("SMEs
"), today announces alongside ACP Mezzanine Limited ("ACP Mezzanine": ACPM.LN)
the agreement of in principal terms to establish an asset-backed funding
facility for Euro100 million to finance the growth of its strategic partner,
Leasecom Group SAS, the holding company for France's leading independent IT
lease broker Leasecom SAS (collectively "Leasecom").

This facility, secured on lease assets to be originated by Leasecom, is a major
step in the development of an origination platform in France, following the
acquisition by ACP Capital of a 45% stake in Leasecom announced in June 2007. It
is expected that the facility will be increased over time as the origination
capacity of Leasecom increases, and with the addition of new lending products
which ACP Capital intends to develop with Leasecom. The facility is subject to
ACP Capital board approval and further details will be announced in due course,
once the facility is closed, currently expected in September 2007.

ACP Capital is in the process of developing strategic platforms through which
the Company intends to originate SME loans and assets in its four core markets:
France, Germany, the UK and Italy. These strategic platforms involve partnering
with or acquiring stakes in existing financing specialists that already have SME
client bases and established operations in these target markets. The strategic
platforms will provide ACP Capital with direct access to established origination
channels, while ACP Capital will assist its platform partners in extending and
broadening their existing SME product lines, such as non-recourse/recourse
corporate funding, lease financing, real estate and equity products, through
support from ACP Capital's comprehensive funding capabilities.

Enquiries:



Tim Mickley, Collins Stewart Europe Limited

(Nominated Advisor to the Company)                         [phone]



Andrew Thompson & Robert Redshaw , Citigroup Global Markets Limited
                                                            [phone]



Rob Bailhache & Nick Henderson, Financial Dynamics          [phone]

(Media Relations)



For further information on ACP Capital, please visit www.acpcapital.com.
About ACP Capital



ACP Capital Limited (LSE AIM: APL) is a Jersey-incorporated specialist
integrated finance and asset management company focusing on both the
asset-backed and non asset-backed sectors in the European small and mid-sized
enterprise (SME) market. The company's shares were admitted to trading on AIM in
January 2006, raising approximately #50m before costs, followed by a further
#15m share placing in December 2006. In March 2007, the company completed a
further #150m capital raising in order to finance its intended development
plans, including the development of additional funding lines, managed vehicles
and strategic platforms to originate loans and assets in Germany, the UK, France
and Italy.



As an integrated finance specialist, ACP Capital offers a combination of equity,
mezzanine and senior debt to companies in niche markets, such as the German '
Mittelstand' (privately-owned SMEs), and for asset-backed transactions in
sectors like real estate and infrastructure. The company intends to put in place
levered loan and non-investment grade funding vehicles in order to complement
its current product base with a view to providing financing solutions across the
capital structure.



As an asset manager, ACP Capital manages a series of investment vehicles that
can provide the required funding for its integrated finance capabilities. ACP
Capital intends to launch at least two managed vehicles each year in specific
sectors in its target markets. These managed vehicles are intended to take
advantage of the planned flow of asset opportunities from the expansion of the
company's funding capabilities and strategic platforms. ACP Capital intends to
receive management and performance-related fees from these vehicles in addition
to any share price increase as a strategic equity investor. To date, ACP Capital
has launched two such vehicles, ACP Mezzanine Limited and IFR Capital plc. On 8
March 2007 ACP Capital announced that it had raised a committed leverage
facility of #125 million with Deutsche Bank for ACP Senior High Yield, a
soon-to-be-launched managed vehicle focusing on the acquisition of European
senior debt assets originated primarily through ACP Capital's SME-focused
integrated finance business, and through the primary and secondary markets.



ACP Capital's Board includes the highly regarded retail entrepreneur, Heiner
Kamps, the Director General of the international real estate investment and
development company Jesta Group, Francois Georges, the Managing Director of the
full service real estate private equity firm Presidio Partners LLC, Alan
Braxton, an Italian certified barrister and Director of Investimente e Sviluppo
S.p.a., Daniele Discepolo, Derek Vago, Eric Youngblood, Nikolaj Larsen and two
other Non-Executive Directors.





About ACP Mezzanine



ACP Mezzanine Limited (LSE AIM: ACPM) is a Jersey-incorporated company that
listed on AIM in July 2006 after raising Euro100 million. Its strategy is to pursue
opportunities as a mezzanine lender, originating, structuring and underwriting
the majority of its investments primarily in the European small and mid-sized
enterprise (SME) market. ACP Mezzanine's investment strategy is implemented and
managed by ACP Capital through an Investment Management Agreement. ACP
Mezzanine's strategy is different from that followed by a number of participants
in the mezzanine financing market, which focus on acquiring assets directly from
third parties through a syndication process, and can underwrite / syndicate such
loans originated directly.



ACP Mezzanine lends primarily across Europe, with origination arising through a
direct integrated finance approach alongside ACP Capital's strategic platforms
and managed vehicles, and, to a lesser extent, purchases of assets in the
secondary market if the expected risk adjusted returns are attractive. It is
expected that the integrated finance approach will account for at least two
thirds of ACP Mezzanine's investments over time.



ACP Mezzanine's Board includes Derek Vago, Christophe Tanghe, Wolfgang
Mellinghof and two other Non-Executive Directors.














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

AGRBDLFLDDBLBBX