Director/PDMR Shareholding

Dolphin Capital Investors Limited
17 April 2007

For release                                                        17 April 2007

                    DOLPHIN CAPITAL INVESTORS LTD (The 'Company')

                             Director Shareholding

The board of the Company received notification on 16 April 2007 that Roger
Lane-Smith bought shares in the Company on 13 April 2007.

 This transaction notification disclosure is in accordance with DR 3.1.4(R) (1)
(a) and (b).
 PDMR           Date of    Purchase  Price per Class of  Percentage of Total number of      Total
              transaction  of shares  share     shares   issued class   shares owned    percentage of
                                                                          following     issued class
                                                                        notification      following
                                                                                        notification
   Roger     13 April 2007  20,000     142.5    Common      0.0059%        45,000          0.013%
 Lane-Smith                            pence   shares of
                                                EUR0.01

ADDITIONAL INFORMATION:

NONE

CONTACT:
Adventis Financial PR
Annie Evangeli                                     020 7034 4757 / 07778 507 162
[e-mail]

Grant Thornton Corporate Finance (Nominated Adviser)               020 7383 5100
Philip Secrett


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