Issue of Equity / directors dealing

15th Jan 2008 15:28

Savile Holdings Plc (the "Company" or "Savile")

Issue of equity / directors dealing

Issue of equity

The board announces that today the Company has raised ‚£151,000 through the placing of 1,372,727 new ordinary shares in the Company at a price of 11 pence per share. Certain of the directors of the Company have participated in the placing, further details of their participation are set out below.

The proceeds of the placing will be used to provide the Company with additional working capital.

Application for the new ordinary shares to be traded on AIM has been made to the London Stock Exchange, trading in the new ordinary shares is expected to commence on or around 21 January 2008.

Following the issue of equity above the share capital of the Company comprises of 11,172,901 ordinary shares of 3 pence each.

Directors dealing

The directors set out below have participated in the placing:-

Director Number of Number of shares Percentage of shares held subsequent issued share subscribed for to placing capital in placing Kenneth Brotherston 90,909 319,480 2.9% Michael Moran 181,818 564,389 5.1% Peter Evans 250,000 1,337,776 12.0% Peter Conroy 550,000* 1,637,776 14.7%*acquired through Bee Securities, an entity in which Mr Conroy has a 100 percent interest.End.Enquiries:Savile Holdings plcJonathan CohenChairmanTel: 020 7816 0707

Nominated Adviser to Fairplace

City Financial Associates Limited

Tony Rawlinson

Tel: 020 7492 4777

SAVILE HOLDINGS PLC

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