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SVG Capital PLC (SVI)

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Monday 01 November, 2004

SVG Capital PLC

EDR Facility Update

SVG Capital PLC
01 November 2004

                                                                1 November 2004


                Termination of Euro Depositary Receipt Facility

SVG Capital plc announces its intention to terminate the deposit agreement with
respect to Euro Depositary Receipts representing Ordinary Shares of SVG Capital
plc ('EDRs').

Termination of the deposit agreement and delisting of the EDRs will take effect
from 7 February 2005.

Holders of the EDRs will receive notification of the termination from the Bank
of New York (the 'Depositary'). Holders of EDRs will be entitled to surrender
their EDRs and receive the amount of ordinary shares in SVG Capital plc
represented by those EDRs. If any EDRs remain outstanding after the termination
date, the Depositary will sell the remaining Ordinary Shares of SVG Capital plc
and deliver the net proceeds of sale, pro rata to those holders of EDRs who have
not surrendered their EDRs before the termination date.

For further information, please contact:

SVG Capital plc
Alice Todhunter                                                   020 7010 8925





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