RNS Number : 8618V
  Ambrian Capital PLC
  03 June 2008
   

                                                                                                                                           
AIM: AMBR 

    Ambrian Capital plc
    
Result of Annual General Meeting


    Ambrian Capital plc ("Ambrian Capital" or "the Company") announces that at its Annual General Meeting held today all resolutions were
passed.  

    Lawrence Banks, Chairman of Ambrian Capital, updated shareholders with the following statement:

    "Despite the challenging market conditions we expect our Investment Banking activities to report revenues for the first half of 2008
broadly in line with the first half of 2007. Whilst our corporate finance and stockbroking business has not been immune from the general
uncertainties in the equities market, we benefited during the first half of 2008 from our focus on the natural resources sector and growing
trading volumes in our commodities business. We took the opportunity during the first half of 2008 to invest in additional professional
staff and office space to further strengthen our market leadership in the natural resources sector.

    Results from the Investment Portfolio will depend on market values at the end of June 2008. Up to the end of May, however, the value of
the Investment Portfolio had been adversely affected by reductions since 1 January 2008 in the market values of our holdings in Golden
Prospect Precious Metals Limited and Minerva Resources plc, but this has been offset in part by gains in other of our investments.

    Since the beginning of the year we have taken opportunities to realise for cash over �5 million of our Investment Portfolio so carrying
on our policy of moving from our historic base as an investment company to one based on operating businesses.

    Our commitment to the resources sector and balance sheet strength provide opportunities to profit from the current market
uncertainties."

    Enquiries 

 Tom Gaffney  
 Chief Executive, Ambrian Capital plc  Tel: +44 (0) 20 7634 4700

 Hugh Field    
 Collins Stewart Europe                Tel: +44 (0) 20 7523 8325

 Louise Goodeve / Justine Howarth    
 Parkgreen Communications              Tel: +44 (0) 20 7851 7480


    Notes to editors:

    Ambrian Capital plc is an AIM listed (AIM: AMBR) specialist investment banking group focused on the mining, oil & gas, alternative
energy and new technology sectors. Ambrian Capital plc provides corporate finance, stockbroking, commodity broking and investment management
services to institutional and corporate clients.  Ambrian Capital is also an active principal investor in the natural resources sector.

    Ambrian Partners Limited, Ambrian Commodities Limited and Ambrian Asset Management are each authorised and regulated by the Financial
Services Authority.  Ambrian Partners Limited is a member of the London Stock Exchange and Ambrian Commodities Limited is an Associate
Broker member of the London Metal Exchange.

    For further information on Ambrian Capital, please visit: www.ambrian.com


This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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