Investment

RNS Number:2706I
London Asia Capital PLC
07 February 2005


7th February 2005

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

                      Investment in US Broker-Dealer

London Asia, the AIM-listed Greater China focused investment and merchant
banking group, is pleased to announce an investment of US$300,000 (#160,000) in
the US broker-dealer JSM Capital Holding Corp. ("JSM"), a New York and Florida
based financial services company.

London Asia's investment is via a three year 8% Senior Secured Promissory Loan
Note, with 100% warrant coverage.

JSM provides high net worth individuals and institutions with full service
brokerage and asset management services, focused on the SME sector. It employs
over 30 brokers, who manage approximately $550 million (#300 million) in
customer funds. JSM is currently expanding its business through acquisition and
recruitment.

JSM management has a dedicated team of investment professionals who focus on
raising funds for China related businesses seeking to list on the US capital
markets.

John Matthews, JSM Chief Executive commented: "US investors have been investing
in China related companies for some time, and our clients are very interested in
gaining additional exposure to the growth opportunities in China. Our
relationship with London Asia provides us with access to on the ground expertise
in China to help build value for our clients."

Simon Littlewood, London Asia Chief Executive, said: "This investment is an
important step forward for our company, providing us with direct expertise in
gaining access to capital from the US equity markets to exit our medium to
larger-sized Chinese investments".

ENQUIRIES:

Paul McManus, Binns & Co          Tel [phone]
                                  Mob: [phone]

Jonathan Wright, Seymour Pierce   Tel [phone]


About JSM

JSM provides high net worth individuals and institutions with full service
brokerage and asset management services, focused on the SME sector. JSM
currently employs over 30 brokers who manage approximately $550 million (#300
million) in customer funds.

In 2004 JSM brokered over $300 million (#160 million) in customer transactions.

John S. Matthews, founder and Chief Executive, is a former Director of the New
York office of Senator Daniel Patrick Moynihan (D-NY). He has over 15 years
brokerage experience building and developing full service brokerage firms.

Other Directors of JSM include: Harold First, a former senior partner of
Laventhol Horwath, the international accounting firm, who was also the former
Chief Financial Officer of Icahn Holding Group; Facundo Bacardi, Director of
Suramericana de Inversiones, S.A. an investment company who is also a
shareholder and member of the family that owns and controls Bacardi Ltd.

About London Asia Capital plc
London Asia is a leading AIM listed investment and 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, and Taiwan.


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

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