RNS Number:4901U
London Asia Capital PLC
21 January 2004

London Asia Capital (the "Company")

Issue of equity

Following the exercise of 342,000 warrants attached to the shares issued in the
placing of October 2003, the Company has issued 342,000 ordinary shares for cash
at 10p per share, resulting in net cash to the Company of #34,200.  Application
has been made for the shares to be traded on AIM and admission is expected on 27
January 2004.


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            The company news service from the London Stock Exchange
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