RNS Number:5678Z
London Asia Capital PLC
09 June 2004

London Asia Capital (the "Company")


Issue of equity

Following the exercise of 82,000 warrants attached to the shares issued in the
placing of October 2003, the Company has issued 82,000 ordinary shares for cash
at 10p per share, resulting in net cash to the Company of #8,200.  Application
has been made for the shares to be traded on AIM and admission is expected on 15
June 2004.


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

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