Disposal

RNS Number:5647V
Acquisitor Holdings Ltd
13 December 2005


FOR IMMEDIATE RELEASE                                           13 NOVEMBER 2005
                            
                             ACQUISITOR HOLDINGS LTD.
                  (Ticker: Reuters AQH.L or Bloomberg: AQH LN)
                                ("the Company")

            ACQUISITOR GENERATES $7.3m PROFIT ON SALE OF AIR METHODS

Acquisitor Holdings announces the completion of the sale of its remaining
holding in Air Methods Corporation (Nasdaq ticker AIRM). Aggregate realised
profits from the sale of AIRM since 1 October 2005 (which include realised
profits of $1.2 million (#700,000) previously announced in November 2005) amount
to $7.3 million (#4.2 million) equivalent to a gross return of approximately
80%.

In our final results announcement of 29 November 2005 we noted that we had an
undisclosed holding in an AIM listed company whose trading in its shares was
suspended in early October 2005 and that advisers appointed to verify the
company's assets reported to its board that it appears the company has been
subject to serious fraud. We confirm that the company name is Langbar Ltd. and
we have now decided to make a 100% impairment provision against the cost of our
investment of #335,703.

As a result of the above we estimate that the Company's Net Asset Value has
increased 18% since September 2005 and now stands at 39 pence per share versus
33 pence per share at 30 September 2005; this NAV reflects both the proceeds
from the AIRM sale as well as the provision on Langbar and is net of accrued
performance bonus.

Duncan Soukup, Deputy Chairman of the Company, commented: "We are delighted with
the 80% return that we have achieved in AIRM. On the other hand we are very
disappointed that for the first time in the Company's history we have had to
make an impairment provision against one of our holdings."
                                    
                                 --ENDS--

Enquiries:

Bishopsgate Communications Ltd                                Tel: [phone]
Maxine Barnes
Email: [e-mail]

Information on the Company can also be obtained at: www.acquisitorholdings.com



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

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