MAP MG Capital

    RNS Number : 8580F
  MG Capital PLC
  14 October 2008
   

    14 October 2008


    MG Capital plc
    ("MG Capital" or the "Company")

    Notice of resignation of Nominated Adviser

    The Directors of MG Capital announce that Nabarro Wells & Co. Limited, the Company's Nominated Adviser for the purposes of the AIM Rules
for Companies ("AIM Rules"), has tendered its resignation as the Company's Nominated Adviser which will take effect from 14 November 2008.
The Directors are in discussions with a replacement Nominated Adviser and are confident of making an appointment by that date.

    In the absence of the appointment of a replacement Nominated Adviser on or before 14 November 2008, the Company's shares will be
suspended from trading on AIM in accordance with Rule 1 of the AIM Rules.  If within one month of that suspension MG Capital has failed to
appoint a replacement Nominated Adviser, the admission of the Company's shares to trading on AIM will be cancelled.


    -End-

    For further enquiries:

 MG Capital Plc
 Charles Fowler               Tel: 020 7332 2040

 Nabarro Wells & Co. Limited
 Hugh Oram                    Tel: 020 7634 4860



This information is provided by RNS
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