ELEPHANT LOANS & MORTGAGES PLC
                                 (the "Company")

                       Admission to Trading of New Shares

3 April 2008

Further to the announcement made on 26 March 2008, the 4,635,797 new Ordinary
0.03p Shares in the Company, will be admitted to trading on AIM on 4 April 2008,
not 26 March 2008 as previously notified.



For further information please contact:
www.elephantloans.co.uk

Elephant Loans & Mortgages plc                 T: 020 8892 2777
Gary Miller-Cheevers, CEO

Blomfield Corporate Finance                    T: 020 7512 0191
Nick Harriss
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