Contract Win

Jarvis Securities plc ("Jarvis" or "the Company") Contract wins Further to yesterday's announcement, the Company is pleased to confirm that it has signed agreements to provide various settlement and financial administration services to a number of additional firms. These contracts include Alexander David Securities Limited. Alexander David is a newly established independent broker. The Chairman is Michael Hicks (former Director and Head of Sales Trading of Societe Generale Stockbrokers) and the management team includes David Scott (former director of corporate broking at ING Barings, a director of Resolution Partners Limited and Sky Capital (UK) Limited and more recently a Director of Corporate Finance at Lewis Charles), Trevor Coote (former Head Broker at Sky Capital UK and previously trainer and stock picker for Hoodless Brennan, before joining Lewis Charles as Head of Retail Broking) and Alon Bull (former Deputy Head of Market Making at Evolution Securities). Alexander David is dedicated to providing the market insight and investment advice that institutional, corporate and private clients can trust. The Company has also made a small investment in Alexander David and Jarvis has been appointed to the board of Alexander David as a non-executive director. Jarvis will issue details on the further contract wins in due course. Commenting, Andrew Grant, Chairman of Jarvis said, "We are delighted to welcome Alexander David as a commercial client of Jarvis. We have been attracting a great deal of interest in the outsourced settlement market and will shortly have fourteen such clients using this service. Our current pipeline of enquiries for the Company's settlement and administration services is at an unprecedented level. We are currently negotiating on 13 further contracts and it is hoped that a significant proportion of these will convert to clients." For further information: Jarvis Securities plc Mathew Edmett Tel: 0870 224 1111 Daniel Stewart & Company plc Stewart Dick Tel: 0207 776 6550 ---END OF MESSAGE---
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