RNS Number:4098U
Prestbury Holdings PLC
20 January 2004



20th January 2004

                             Prestbury Holdings plc

                         ("Prestbury" or the "Company")

         Prestbury Holdings plc appoints Strategic Development Director

The board of Prestbury Holdings plc, the AIM quoted financial services company
is pleased to announce the appointment of Nick Ansell as Strategic Development
Director.  The appointment is effective immediately.

Nicholas Paul Ansell, aged 43, is a Chartered Accountant and has been a
prominent figure within the financial services industry for several years.  He
was Chief Executive of DBS Financial Management, co-founder of IFA Network
Limited, Board member of the SEC Group (when it acquired IFA Network), and has
been a member of the AIFA Council and the FSA Training Advisory Panel.  He
joined Misys in May 2000 through the acquisition of i.e. group plc and served on
the boards of Misys IFA services and the Misys Financial Services Division.
Prior to establishing IFA Network Limited in 1992, he was at KPMG for 8 years.

The appointment will see him focusing on the development of Prestbury's IFA
division and the building of new business opportunities throughout the Group.

Lee Birkett, Chief Executive of Prestbury, commented:

"We're delighted that Nick has decided to join Prestbury, Nick's vast experience
and knowledge of the IFA sector makes him the ideal candidate for the job.
Prestbury remains aggressive in its vision for the future and we believe that
the right people on board will assist us in achieving our goals and strategy
going forward."

There are no further disclosures required under Schedule 2 (f) of the Aim Rules:



                                     -Ends-

For further information please contact:

Lee Birkett, Chief Executive, Prestbury Holdings plc        Tel: 01625 591401

Simon Robinson/Ana Ribeiro, Parkgreen Communications        Tel: 020 7287 5544

Notes to Editors

Prestbury floated on AIM in October 2002 following a successful issue of
ordinary shares raising #1.0 million of new money for the Company.  The Company
was established in 1994 offering a range of complementary financial products
specialising in Life Assurance and Income Protection Products, Non-Status
Specialist Mortgages, Secured Loans and Mainstream Conventional Mortgages.  The
Company provides a complete service to its customers originating, packaging and
completing the provision of the financial products in which it specialises.

In March 2003 Prestbury successfully raised #500,000 before expenses by way of a
placing of 625,000 new ordinary shares of 5p each at 80p per share with Brit
Insurance Holdings PLC.

In September 2003 Prestbury successfully raised #2.5m before expenses by way of
a placing of 2,777,778 new ordinary shares of 5p each at 90p per share with
various institutional and other investors.

Prestbury's services are provided through a combination of telephone and
internet technologies to both financial intermediaries and direct to consumers.
Prestbury utilises proven information technology at all levels of its business
and has developed three websites, which are branded with the names of its three
trading divisions, each targeted at its different sources of business as
follows:

Solution Network - deals primarily with financial intermediaries
(www.solutionnetwork.co.uk)

Moneybrain - is targeted at more sophisticated individual consumers
(www.moneybrain.com)

LoansUK - is targeted at less sophisticated individual consumers
(www.loansuk.co.uk)




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

BOABCGDBDXBGGSC