Board Appointment

The Board of Gable Holdings Inc has appointed Geoffrey Conway-Henderson as Non-Executive Chairman with immediate effect. Geoffrey, age 60, has over 35 years experience in the finance industry, having worked in the money markets as a bank trader and then as a broker, dealing primarily in derivatives, interest rate swaps and options. From 1973 until 1987 he was Managing Director at Harlow Meyer & Co. Following this he left to become a director of Intercapital Brokers Limited, a subsidiary of Intercapital PLC, one of the world’s largest interdealer brokers, until his retirement in October 2003. Geoffrey is currently a director of Corvus Capital Inc and Commoditrade Inc.

Save as disclosed above there are no other matters to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules.

Enquiries: John Bick tel: 07917 649362