RNS Number:4729B
London Asia Capital PLC
30 July 2004

30th July 2004



            LONDON ASIA CAPITAL PLC ("London Asia" or the "Company")

Directors increase shareholding

Following a series of acquisitions completed on 29th July 2004, the directors
(or their associated vehicles) detailed below have each acquired London Asia
2008 Convertible Loan Notes at a cost of #4,000 each.

Name                  Amount of Convertible Loan    Total holding of Convertible 
                                  Notes acquired                      Loan Notes

Temima Limited (1)                        #1,334                         #51,334
George Allnutt (2)                        #1,334                         #90,280
Barry Gold                                #1,333                         #78,083

Notes

(1)        Simon Littlewood, London Asia Chief Executive, is a director and
shareholder of Temima Limited

(2)        Held by a number of corporate vehicles.

ENQUIRIES:

Simon Littlewood, CEO                                   Tel 020 7332 2219
Ben Knowles, Binns & Co                                 Tel 020 7153 1487




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

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