Re Gordian Investments

Blue Star Capital plc
05 August 2005


For Immediate Release                                            5 August 2005


                              BLUE STAR CAPITAL PLC

                                 ('Blue Star')

                Statement re Gordian Investments PLC ('Gordian')

Blue Star (AIM: BLU), the company created to provide seed capital for early
stage companies, is pleased to note today's announcement from Gordian
Investments PLC (AIM:GOR), Blue Star's fourth investment, which floated on AIM
in March 2005. Blue Star's interest in Gordian is 24.43%, representing 7,500,000
shares.

Gordian has conditionally agreed to acquire the entire issued share capital of
All New Video Limited ('ANV'), a managed services company offering live
multi-party 3G video conferencing, PC to video calling and video mail. In view
of the size of ANV relative to Gordian, the acquisition will constitute a
reverse takeover under the AIM rules.

                                      ENDS

For further information:

Blue Star Capital plc                        Tel: [phone]
Haresh Kanabar                               Chief Executive

Panmure Gordon & Co                          Tel: [phone]
Katherine Roe

Buchanan Communications                      Tel: [phone]
Elly Williamson

Notes for editors

About Blue Star Capital plc

Blue Star Capital plc was formed in 2004 as a vehicle to provide initial seed
capital for the development of early stage companies. The Company joined the AIM
market of the London Stock Exchange, under the ticker symbol BLU, in October
2004 and has since made significant investments in four newly formed companies:
India Outsourcing Services plc, Black Raven Properties plc, Gordian plc and
Gasol plc. All of these companies have been admitted to the AIM market and
highlight the Company's strategy of making investments across a variety of
sectors. Blue Star also announced that it had taken a minor stake in MedCenter
Holdings Inc. in June 2005.

Blue Star has a highly capable Board, led by Executive Chairman Nigel Robertson,
with significant experience of identifying, evaluating and securing business
opportunities and of forming, funding and floating companies.

Blue Star intends to achieve capital appreciation from a portfolio of quoted and
unquoted investments in businesses that offer strong growth prospects and a
defined timeframe to exit.




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