Transaction in Own Shares

Strategic Equity Capital Plc

The Company announces that it purchased on 20 June 2008 325,000 Ordinary 1p
shares for treasury at a price of 66p per share.

Following this transaction the number of Ordinary shares in issue remains
72,626,000, of which 1,207,500 are now held in treasury.

The number of Ordinary shares for the purpose of total voting rights is
71,418,500.

23 June 2008