Mandate to manage Lachesis Fund

29 August 2012

Braveheart Investment Group plc

('Braveheart' or 'the Group')

Confirmation of mandate to manage the Lachesis Fund

Further to the announcement on 11 June 2012 regarding the contract award to manage the Lachesis Fund, Braveheart is pleased to announce that contracts have now been signed and the fund management contract became effective as of 23 August 2012.

For further information please visit www.braveheartinvestmentgroup.co.uk or contact:

Braveheart Investment Group plc

Geoffrey Thomson, Chief Executive

Tel: 01738 587555

[email protected] 

Media inquiries

Allerton Communications (for Braveheart)

Peter Curtain

Tel: 020 3137 2500

[email protected]

Merchant Securities Limited (Nominated Adviser and Broker)

Lindsay Mair

Catherine Miles

Tel: 020 7628 2200

[email protected]

[email protected]