Fund Appointment

RNS Number:0218Z
London Asia Capital PLC
28 February 2006

For immediate release:28 February 2006

                                        
                    LONDON ASIA CAPITAL PLC ("LONDON ASIA")
                                        
                                        
          John Manser appointed Chairman of Chinese Private Equity Fund


London Asia, the Greater China focused investment and merchant banking group,
announces that John Manser is to be appointed Chairman of its new fund, the
London Asia Chinese Private Equity Fund Limited ("the Fund").


The Fund, which will seek significant capital growth via investment in private
equity opportunities in China, is currently seeking to raise up to #50 million
and is sponsored and advised by Collins Stewart Limited. The Fund will seek a
listing on the UK's AiM Stock Market.


Mr. Manser is the former Chairman of Robert Fleming Holdings Limited and has a
distinguished City career spanning more than four decades. During his career at
Robert Flemings, John Manser, aged 66, held a number of high profile management
positions including: Managing Director of Jardine Fleming in Hong Kong, Managing
Director of the Save and Prosper Group, Group Chief Executive and subsequently
Chairman of Robert Fleming Holdings Limited, a post he held until his retirement
from the Group in 2000.


He is currently Chairman of Intermediate Capital Group PLC, Shaftesbury PLC and
Hiscox Investment Management Limited, Deputy Chairman of Colliers CRE plc and a
Director of SAB Miller plc. He is a former Chairman of The Wiltshire Community
Foundation and is a Trustee of Salisbury Cathedral Trust and Marlborough College
Charitable Trust.


He was a director of the Securities and Investment Board between 1986 and 1993
and was appointed a CBE in 1992 and Deputy Lieutenant of Wiltshire in 1999. He
was Chairman of the London Investment Banking Association and on the President's
Committee of the British Banking Association between 1994 and 1998. Educated at
Marlborough College, he is a Fellow of the Institute of Chartered Accountants.

Simon Littlewood, Chief Executive of London Asia commented: "To have attracted
someone of John's calibre and experience is a real stamp of approval for the
Fund.

He added: "This is the ideal time to launch the fund, with UK investors
aggressively seeking to access the opportunities that China offers. The fund has
been extremely well received, and with London Asia's network and access to deal
flow I am very excited about the prospects for this venture. "


For further information please visit www.londonasia.com or contact:

John West/Matt Ridsdale                  Simon Littlewood
Tavistock Communications                 London Asia Capital plc
Tel: [phone]                       Tel [phone]







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