Merchant Securities Group PLC (MERC.LN), which has recently been acquired by Sanlam Limited (SLM.JO), the South African based financial services group, Monday announced that it has expanded its corporate finance team.

MAIN FACTS:

-The corporate finance team previously at Evolution Securities' Leeds office headed by Joanne Lake will join the Group with effect from March 6, 2012.

-In addition, Jeff Keating has been appointed as a Director of Corporate Finance in London with immediate effect.

-Joanne Lake joins as a Director of Corporate Finance and Head of Merchant Securities' Leeds office.

-Shares at 0821 GMT flat at GBP0.2 valuing the company at GBP12 million.

-By Jana Weigand, Dow Jones Newswires; 44-20-7842-9314; jana.weigand@dowjones.com

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