Proposed acquisition of an 85.5% equity interest in Medifin Holding Limited by GlobalCapital p.l.c.

Proposed acquisition of an 85.5% equity interest in Medifin Holding Limited by GlobalCapital p.l.c.

GlobalCapital p.l.c. announces on Friday that on 16 April 2008 it agreed terms for the acquisition of 85.5% of the issued share capital of Medifin Holding Limited which holds 99.9% of the issued share capital of Mediterranean Bank p.l.c.. Mediterranean Bank p.l.c. is licensed by the MFSA to carry on the business of banking under the Banking Act, 1994 and to provide investment services under the Investment Services Act 1994. The agreed terms are subject to confirmation following due diligence and all necessary approvals.

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