RNS Number:4652P
London Forfaiting Company PLC
05 September 2003


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FOR IMMEDIATE RELEASE                                           5 September 2003


              London Forfaiting Company Plc ("London Forfaiting")

             Application for De-listing and Cancellation of Trading


Following the announcement on 28 August 2003 by FIMBank (UK) that their Offer
had been declared unconditional in all respects on that date and as indicated in
that announcement that they intended to do, the Directors of London Forfaiting
have today applied for the cancellation of the listing of the London Forfaiting
Shares on the Official List and for the cancellation of trading in London
Forfaiting Shares on the London Stock Exchange's market for listed securities.
It is anticipated that such de-listing and cancellation will take effect on 3
October 2003 (being not less than 20 business days from the date of this
announcement). Accordingly, from 3 October 2003 London Forfaiting will cease to
be a listed company and there will be no publicly traded market for London
Forfaiting Shares.

Terms used in this announcement shall have the meaning given to them in the
Offer Document, save where the context requires otherwise.


Enquiries

FIMBank - Margrith Lutschg-Emmenegger                             07739 592016
WestLB - Ian Soanes                                               020 7020 4000


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