MIC Micap

    RNS Number : 6406F
  MICAP PLC
  10 October 2008
   

    MICAP PLC
    ('Micap' or 'the Company')
    Resignation of Nominated Adviser

    Micap today announces that its Nominated Adviser, HB Corporate, has resigned with immediate effect. The shares of the Company are
currently suspended from trading on AIM, and as such the resignation of HB Corporate will have no immediate impact on the trading of shares
in the Company. However, as detailed in the AIM Rules for Companies, if Micap fails to appoint a new Nominated Adviser within one month, the
admission of the Company's shares to trading on AIM will be cancelled by the London Stock Exchange at 7am on November 10 2008.
    The Company will further update the market as to its current position on Monday 13 October 2008.

    For further information:

 Micap plc            +44 (0)1942 625590
 Michael Norris, CEO





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