Change of Adviser

RNS Number:1107E
London Asia Capital PLC
15 October 2004



            London Asia Capital Plc ("London Asia" or the "Company")


                             Appointment of Adviser

London Asia, the AIM-listed Greater China focused merchant bank, is pleased to
announce the appointment of Seymour Pierce as Nominated Adviser and Broker to
the Company with immediate effect.

Seymour Pierce is one of the most active advisers and brokers in London and has
acted on over 15 IPOs in the last twelve months, raising over #250m for those
clients. Seymour Pierce provides a full range of broking and corporate advisory
services to over 110 quoted companies in London.

Jonathan Wright, Seymour Pierce Director, said: "We are delighted to be
appointed as Nominated Adviser and Broker to London Asia. We view the Company as
an ideal way for UK-based investors to gain exposure to the rapidly growing
Chinese media, energy, financial services and IT sectors."

For further information please contact:

Simon Littlewood, CEO Tel [phone]

Seymour Pierce
Jonathan Wright Tel [phone]


About London Asia Capital plc

London Asia is a leading AIM listed merchant banking group focused on the SME
market in Greater China.

London Asia has identified that as a result of the fast growing Chinese economy
and an underdeveloped financial services industry, there is strong demand for
both capital and skilled financial advisory services in China, especially among
small-to-medium sized enterprises.

London Asia operates two principal businesses within Greater China:

   * Investment in profitable businesses with exits via IPO or trade sale;
   * Investment Banking services, mainly corporate finance advisory (fund
    raisings, IPO's and M&A) and fund management

London Asia has a growing list of investments, paid for via a mix of cash and
London Asia shares, focused on distinct industry sectors:

   * Financial Services
   * Media
   * Information technology & communications
   * Infrastructure, energy & natural resources & environment

London Asia has offices and management teams, as well as strong local partners,
across the Greater China region, as well as alliances with a number of Chinese
business parks which gives London Asia access to over 7,000 Chinese businesses.
These provide direct access to investment opportunities, close relationships
with corporate clients, a good level of control over existing investments,
access to local market intelligence as well as providing leverage through a
network of partners. These work in conjunction with our international network in
London, New York, Singapore, Hong Kong and Taiwan.



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

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