LDC London Asia

RNS Number:6343F
London Asia Capital PLC
25 November 2004



                            London Asia Capital Plc
                                (the "Company")

                               Holding in Company

Further to the placing announced on 16th November, the Company has been notified
that Gartmore Investment Limited, Gartmore Fund Managers Ltd and Gartmore Global
Partners now hold 12,846,112 ordinary shares representing 10.847% of the
enlarged share capital of 118.4 million ordinary shares in issue.

ENQUIRIES:

Paul McManus, Binns & Co            Tel 020 7153 1485
                                    Mob: 07980 541 893

Simon Littlewood, CEO               Tel 020 7248 7578

Jonathan Wright, Seymour Pierce     Tel 020 7107 8000




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

END
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