Board Changes

London Capital Group Holdings plc

("LCG" or the "Company")

Board Changes

The Board of LCG is pleased to announce that David Sparks, 48, has been appointed to the role of Chief Financial Officer. David has extensive experience in managing financial operations, gained during a career spanning more than 20 years during which he held senior positions in London as well as in Paris and Latin America. Most recently he was director of Financial and Strategic Projects at Sportingbet, assuming the position in 2004. Previously he was a Finance Director for the Americas Region of Sportingbet, based in Costa Rica before which he held various roles at Arjo Wiggins Appleton, the leading manufacturer of creative and technical paper.

Commenting on the Board changes, Kevin Ashby, CEO, said "I am delighted that David Sparks has decided to join us as CFO. He has strong expertise in helping to grow online gaming companies with global operations and clients I am confident that he will be a tremendous asset as we seek to build our business and customer base."

Save as disclosed below there are no additional disclosures to be made in accordance with paragraph (g) of Schedule 2 of the AIM Rules in relation to David Sparks.

The companies of which David Sparks has been a Director in the past five years are as follows:

David Sparks Consulting Limited

Finlaw 215 Limited*

* Past directorship

For further information, please contact: www.londoncapitalgroup.com

Cenkos Securities plc

Nicholas Wells

Camilla Hume

020 7397 8900

Smithfield Consultants

John Kiely

020 7360 4900