Creation of Advisory Panel

RNS Number:0931Z
London Asia Capital PLC
26 May 2004

26th May 2004

                            LONDON ASIA CAPITAL PLC
                        ("London Asia" or the "Company")


New appointments


London Asia Capital plc, the AIM-listed Greater China focused investment and
financial advisory company, is pleased to announce the creation of an Advisory
Panel which will consist of a team of experts in their field to assist in deal
origination, due diligence, on-going management of and exit from investments.


The first three members of the Panel, whose expertise covers IT, electronics and
financial services, and who collectively have been on the Board of listed
companies in the USA, UK, Germany and China, have already been appointed.


Sir Anthony Jolliffe has been doing business in China for over twenty years.  A
qualified chartered accountant, he founded his own accounting practice in 1965
and grew it into a multinational operation with offices in 44 countries and 200
Partners.  Sir Anthony then built a number of businesses, two of which he listed
on the UK Stock Market.  He has held a number of directorships of private and
listed companies in the UK, USA and Japan and is currently involved in major
projects in China, Europe, the Middle East, USA and UK as shareholder, partner,
advisor and consultant.  Sir Anthony works closely with the Chinese Government
on a number of projects, and in 2002 was appointed Chairman of the Special
Advisory Board to the Governor of Yunnan Province, having been its deputy
chairman since 1999.  Sir Anthony was appointed Advisor to the Jinan Government
in 2004.  He has led International Trade Missions to Spain, Japan, Germany,
Zambia and Argentina, and has served as Chairman of the investment advisory
board of ABN AMRO Ventures since 1982 to date. Sir Anthony has been involved in
many public duties including being Lord Mayor of London 1982 - 1983.


Mr Zhang Gang Zhu has over 10 years experience of building businesses in China,
with a particular emphasis on the electronics and fund management sectors.  He
is currently general manager of China Power Finance Co. Ltd, the Chinese fund
management group with consolidated assets of over #4.3 billion and over 700
staff.  Previous positions include Deputy General Manager of China Electronic
Trust and Investment Co, General Manager at HeiLongJiang Huafu Electronic
Investment Co. Ltd, economist at HeiLongJiang Electronic Company, and Deputy
Director of China listed Dalian Northeast Electronic development company. He has
published a number of articles on economics which have won various awards in
China.


Christoph Loeslein has been actively involved in starting and growing businesses
since he was 19.  In 1988, age 21, he received the First Award for
Entrepreneurship from the German Secretary of Economics.  In 1993 he co-founded
DICOM Holding AG, which later became DICOM Group plc, the UK stock market listed
leader in the Information Capture industry. He founded and managed DICOM Group's
first international subsidiary in Germany and was instrumental in its further
international expansion and flotation in 1996 on the London Stock Exchange.  He
resigned as an Executive Director of DICOM in September 2003 but continues to
act as a consultant to the Board and lead strategic projects.


Simon Littlewood, CEO of London Asia, said: "These appointments substantially
strengthen the management team and bring in resources we can call on as required
for specific projects.  Sir Anthony has a wealth of contacts and experience of
doing business in China over many years.  Mr Zhang brings experience of helping
build businesses within China and also of the fund management sector in China,
which is rapidly developing. Christoph has substantial experience in the IT
world, which is a significant growth sector in China, as well as having
experience of stock market transactions in the US, UK and Germany."


For further information:

Simon Littlewood, Chief Executive

London Asia Capital                   020 7332 2219


Paul McManus

Binns & Co                            020 7786 9600                07980 541 893



About London Asia Capital plc


London Asia Capital plc ("London Asia") is a leading AIM listed investment and
financial advisory company focused on the Greater China SME market (China,
Taiwan, Hong Kong, and S.E. Asia).


London Asia has identified that as a result of the booming 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 operate 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)


London Asia has a growing list of investments; currently 9 investments, totaling
#4.0m. Investments are paid for via a mix of cash and London Asia shares and are
focused on distinct industry sectors:


*         Financial Services & banking

*         Media

*         Information technology & telecom

*         Infrastructure & natural resources


London Asia has offices and management teams, as well as strong local partners,
across the Greater China region which provides 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. London Asia also has
alliances with Chinese business parks, which gives London Asia access to over
6,000 Chinese businesses.



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