Change of Adviser

Blue Star Capital plc
20 January 2006


For immediate release                                            20 January 2006

                             BLUE STAR CAPITAL PLC
                         ('Blue Star' or 'the Company')

        Appointment of Teather & Greenwood as Nominated Adviser & Broker

Blue Star Capital plc (AIM: BLU), the company created to provide seed capital
for early stage companies, is pleased to announce the appointment with immediate
effect of Teather & Greenwood as the Company's sole nominated adviser and
broker.

                                      ENDS

For further information:

Blue Star Capital plc                                        Tel: [phone]
Nigel Robertson, Chairman
Haresh Kanabar, Chief Executive

Teather & Greenwood                                          Tel: [phone]
Mark Dickenson

Buchanan Communications                                      Tel: [phone]
Mark Court
Elly Williamson




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