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                      MOBESTAR HOLDINGS PLC ("THE COMPANY")

                             ADVISER CHANGE OF NAME

The Company announces that its nominated adviser has changed its name from City
Financial Associates Limited to Dowgate Capital Advisers Limited with effect
from 4 April 2008.

For further information please contact:

Mobestar Holdings plc
Peter Richards, Chief Executive Officer
Tel: 08454 900 565

Nominated Adviser
Dowgate Capital Advisers Limited
Liam Murray
Tel: 020 7492 4777

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