Stmnt re Share Price Movement (7288Z)

TIDMTQC

RNS Number : 7288Z

Third Quad Capital PLC

19 January 2011

Third Quad Capital Plc

Statement regarding share price movement

('TQC' or 'the Company')

The Company notes the recent share price movement. TQC can confirm that it is currently in discussions with a potential acquirer of its software businesses in order that it can fully focus on its Financial Services Division as noted in the Company's trading update issued on 4 January 2011. There can be no certainty as to whether a transaction will occur, nor as to the structure or terms on which any transaction might take place. Regardless of the outcome of these discussions it is the intention of TQC to focus on VSA Capital Limited, its Financial Services division, where it has the management skills to run and successfully grow a valuable business for shareholders. Whilst this division is currently performing above expectations, VSA Capital Limited is investing for expansion which does risk constraining short term profitability as it seeks longer term value.

For further information, please contact

Third Quad Capital plc

Andrew Monk, CEO

0203 005 5000

Shore Capital and Corporate Limited Andrew Raca or Edward Mansfield

020 7408 4090

This information is provided by RNS

The company news service from the London Stock Exchange

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