Accountant takes up board position at merchant bank

Stephen Coe, a chartered accountant is to take up his new position on the
board at merchant bank ACP Capital Ltd, following the departure of Hilary
Valentine and Craig Stewart.

Coe has been involved with investment funds and managers for the previous 16
years working closely with emerging markets. He has held various directorships
for a range of companies including Bachmann Group, Investec in Guernsey, Raven
Russia Ltd and Matrix European Real Estate Investment Trust Ltd.

He will be joined by Anthony Gardner-Hill, a member of the Law Society of
England and Wales as well as a solicitor of the supreme court of England and
Wales, on the board

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