London Asia Capital PLC
12 February 2008


12 February 2008

                               London Asia Group
                         ("London Asia" or "the Group")

                              New Office and Staff


London Asia, the Asia focused merchant banking group, is pleased to announce the
appointment of Diana Chen as Corporate Finance Director, based in the Group's
new office in the Finance District of Beijing, China.


As part of the Group's continued expansion, London Asia has opened a new office
in the Finance District of Beijing. The new office focuses on a range of
corporate finance activities, including mergers and acquisitions, restructuring
advice, cross border trade and investment, and listings on China's stock
markets. The new office will operate alongside the existing office in the
Haidian District of Beijing, which mainly focuses on management and
identification of investments.


Diana has significant experience of advising on transactions in the Chinese
market for both SMEs and international blue chip businesses. She joins the Group
from Legend House Consulting, where she was involved in mergers and
acquisitions, inbound and outbound investment advisory and valuation work, due
diligence and related services. Prior to that, she worked for
PricewaterhouseCoopers Beijing office, where she was involved in a range of M&A
and IPO transactions, including the acquisition of networks by international
mobile businesses, and the IPO's of China Netcom Group and ICBC, at the time the
largest IPO in history. Prior to PwC, Diana qualified as a CPA (accountant) at
Ernst & Young Beijing, working in a range of industries including banking, the
power sector and manufacturing. Diana is familiar with US GAAP, IAS, PRC CAS and
SOX 404 Act.


Victor Ng, Chairman of London Asia China, said: "Many Chinese businesses are
cash rich as a result of the strong economic growth in China of the last few
years, or through having raised cash from China and Hong Kong's booming stock
markets. They are increasingly looking to acquire businesses and technology from
overseas, with prices becoming more attractive for them as China's currency
continues to strengthen and valuations continue to decline in the West.


"We have successfully shifted our China business model away from investment of
funds into an already highly liquid Chinese market, to providing advisory
services, primarily within the clean technology sector. The new team will work
alongside our existing offices to identify opportunities to sell existing
portfolio companies, held by London Asia Capital plc and our other funds under
management, to local and overseas buyers, and to assist them in making
acquisitions overseas."


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

Cecilia Wong                         John West/ Andrew Dunn
London Asia Group                    Tavistock Communications
Tel: +852 2251 8373                  Tel: 020 7920 3150


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

END
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