Completion of Acquisition

Lupus Capital PLC
27 April 2007


Lupus Capital plc ('Lupus Capital' or the 'Company')


Lupus Capital announces that it has today completed the acquisition of the
Security Systems Division of The Laird Group PLC announced on 19 March 2007 and
accordingly, in accordance with the AIM Rules for Companies, Lupus Capital's
listing on AIM was cancelled with effect from 8 a.m. this morning and the issued
share capital of the enlarged Company was simultaneously admitted to trading on
AIM.


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