Transaction in Own Shares

Strategic Equity Capital PLC

The Company announces that it purchased today 50,000 Ordinary 1p shares for
treasury at a price of 68.50p per share.

Following this transaction the number of Ordinary shares in issue remains
72,626,000, of which 50,000 are now held in treasury.

The number of Ordinary shares for the purpose of total voting rights is
72,576,000.

21 December 2007