RNS Number:2703B
Absolute Capital Mgmt Holdings Ltd
31 July 2007

                  Absolute Capital Management Holdings Limited

Application has been made for 384,494 shares to be admitted to trading on AIM.
These shares, which rank pari passu in all respects with the existing issued
shares, have been allotted to certain vendors of the contract to manage the
North Real Estate Opportunities Fund Limited.

The vendors have undertaken not to dispose of these shares for at least 12
months from the date of issue.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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