Change of Adviser - 17 March 2010

Marechale Capital is pleased to announce that it has appointed Smith & Williamson Corporate Finance Limited as its nominated adviser with immediate effect and that from this point the Company will act as its own corporate broker.

For further information please contact:

Marechale Capital
Mark Warde-Norbury / Patrick Booth-Clibborn
Tel: +44 (0)20 7628 5582

Smith & Williamson Corporate Finance
Azhic Basirov / David Jones
Tel: +44 (0)20 7131 4000

Marechale Capital is an investment banking and corporate finance business

We use our established relationships and sector specialisation to raise capital and refinance high growth companies and funds primarily in the consumer brands, leisure and retail sectors.