HICH Hichens Harr.

    For immediate release: 14 August 2007

                          Hichens, Harrison & Co. Plc                          

              ("Hichens, Harrison," the "Group" or the "Company")              

                                  Acquisition                                  

Hichens, Harrison, the City of London's oldest firm of stockbrokers, is
delighted to announce that it has entered into an agreement to acquire 51% of
the share capital of Global Traders Consultoria Internacional Ltda ("GTC") (the
"Agreement").

GTC is an established commodities consulting firm, specialising in sourcing and
brokering the trading of a wide range of commodities, in particular providing
sugar and iron ore from Brazil.

The consideration for the acquisition will be settled by the issue of 34,916
Ordinary Shares in the Company based on the closing mid market share price of
358p on 13th August 2007. Application has been made for these new ordinary
shares to commence trading on AIM with expected admission at 08.00 on 20 August
2007.

In the twelve months to 31 December 2006 GTC reported turnover of US$112,638
with profit before tax of US$79,718.85.

Concurrently with the above agreement, Hichens, Harrison (South America)
Limited intends to set up an new office in Rio de Janeiro Brazil which will
become the regional office for our already established office in Buenos Aires,
Argentina.

Hichens, Harrison's Chief Executive, Adam Wilson, commented,

"The board of Hichens, Harrison is delighted to welcome Global Traders
Consultoria Internacional Ltda to the Group. We believe that by adding an
established agency commodities consultancy , with offices in Brazil, China and
South Africa, we will advance our stated objective of becoming an "old style"
merchant bank with a diversified financial services income stream.

The board believes that by making further use of the Company's increasingly
global presence, we will be ideally placed, through our international network
of offices, to introduce physical commodities from one region to another. In
particular we anticipate providing sugar and iron ore from Brazil to
established clients in the Middle and Far East."

Enquiries:

Hichens, Harrison

Adam Wilson, CEO

Tel. 020 7382 4450

Ruegg & Co Ltd

Brett Miller

Tel. 020 7584 3663

Hansard Group

Ben Simons

Tel. 020 7245 1100



END

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