RNS Number:0444G
Principle Capital Holdings S.A.
19 October 2007

19 October 2007

                        Principle Capital Holdings S.A.
                     (the "Company" or "Principle Capital")

                     Result of EGM and Directors' Dealings

The Board of Principle Capital is pleased to announce that at the Extraordinary
General Meeting of the Company held at 6 rue Adolphe Fischer, L-1520 Luxembourg
at 10:00 a.m. CET today, the resolutions outlined in the circular to
shareholders dated 27 September 2007 (the "Circular") were duly passed, with
approximately 66 per cent. of the Company's issued share capital voted, all of
which was voted in favour of the six resolutions.

Shareholders approved the Board's recommended offer for the minority shares of
Principle Capital Partners Limited that it does not already own and the proposed
acquisition of Silex Holdings Limited (the "Offer").

The votes cast were cast as follows:

Resolution                                       For        Against   Abstain

1.   To approve the purchase by the Company 
     of the 3,000 PCP Minority Shares and the                                       
     100 Silex Shares.                           5,961,841  0         0                   

2.   To increase the authorised share capital 
     of the Company.                             5,961,841  0         0

3.   To reserve 812,490 Company Shares for 
     issue in accordance with the Company's 
     stock option arrangements.                  5,961,841  0         0

4.   To renew the authorisation of the 
     Directors to issue further Company 
     Shares.                                     5,961,841  0         0

5.   To amend the Articles of Incorporation 
     of the Company.                             5,961,841  0         0

6.   To reflect the amendments to the Articles 
     of Incorporation of the Company in the 
     French text of the same as required.        5,961,841  0         0

Application has been made for 7,250,000 new ordinary shares of #1 each (the "New
Shares") to be admitted to trading on AIM and dealings are expected to commence
on 22 October 2007.

The New Shares will rank pari passu with the existing ordinary share capital of
the Company and have been allotted and issued credited as fully paid.

Following admission, the total issued share capital of the Company will be
16,249,806 ordinary shares of #1 each.

As a result of the Offer, the beneficial shareholdings of the Founding Partners
are as follows:
                                            Number of         Percentage of 
                                            Ordinary Shares   issued Ordinary 
                                            held              Shares held


Concerto Capital Corporation Limited*       5,650,237         34.77%
Brian Padgett+                              985,000           6.06%
Leonard O'Brien+                            985,000           6.06%
James Peggie                                745,000           4.58%
David Cooley                                720,000           4.43%
George May                                  720,000           4.43%
TOTAL                                       9,805,237         60.34%

*    The entire issued share capital of Concerto Capital Corporation Limited is 
     owned by the Nicholas Trust. Brian Myerson    and certain members of his 
     family are potential beneficiaries of the Nicholas Trust.

+    625,000 of the 985,000 Ordinary Shares held by each of Brian Padgett and 
     Leonard O'Brien, being the consideration shares for the Company's 
     acquisition of Silex Holdings Limited, are registered in the name of 
     Gristel Holdings Limited and Valira Holdings Limited respectively.

Commenting on today's announcement, Brian Myerson, CEO of Principle Capital, 
said:

"We are delighted that the Company's shareholders supported the acquisition of
the remaining minority shares in Principle Capital Partners and the acquisition
of Silex. Acquiring the minority shares in Principle Capital Partners, we
believe, improves the transparency of the business and enables us to align the
interests of management and shareholders more closely, helping us to achieve a
fuller valuation of the Company.

Silex is a high margin fund and trust administration business and will increase
our recurring fee income substantially."

Defined terms used in this announcement are as used in the Circular, which set
out the background to the acquisition of the minority shares of Principle
Capital Partners Limited that the Company did not already own and the proposed
acquisition of Silex Holdings Limited.

The Circular is available on the Company's website at www.principlecapital.com


For further information, please contact:

Principle Capital
Anne Dalen                                                   020 7240 3222

Bell Pottinger
Dan de Belder                                                020 7861 3232

Landsbanki Securities (UK) Limited (NOMAD to the             020 7426 9000
Company)
Mark Dickenson / Tom Hulme



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