APL Acp Capital

RNS Number:4076K
ACP Mezzanine Ltd
20 December 2007


            ACP Capital commits to exercise options in ACP Mezzanine

ACP Mezzanine Limited ("ACP Mezzanine": ACPM.LN), the closed-ended investment
company focused on lending to European small and medium-sized enterprises
("SMEs"), today announces that it acknowledges ACP Capital's commitment to
exercise its call option for 10% of the outstanding share capital of ACP
Mezzanine at Euro1.00 per share by the end of January 2008. These shares will not
be eligible for the dividend related to the second half of 2007. The proceeds
from this, alongside the existing cash released from the refinancing, will be
used to finance further identified asset acquisitions by ACP Mezzanine, prior to
its anticipated launch of a secondary placing and a planned move of ACP
Mezzanine to Euronext during 2008.

The Directors of ACP Mezzanine reiterate their view that ACP Mezzanine is on
track to exceed a total 2007 earnings per share of Euro0.09, with no expected
losses for the year.

Enquiries:

Rob Bailhache & Nick Henderson, Financial Dynamics +44 (0) 207 269 7200
(Media Relations)

Sacha Macintosh, ACP Capital UK LLP                +44 (0) 844 800 4530

Chris Wells, Stewart Wallace, Collins Stewart      +44 (0) 207 523 8350

For further information on ACP Capital, please visit www.acpcapital.com.

About ACP Mezzanine

ACP Mezzanine Limited (LSE AIM: ACPM) is a Jersey-incorporated, closed ended
investment company listed on AIM. It is a provider of mezzanine finance to
European small and mid-sized enterprises - with a primary focus on the UK,
France, Germany and Italy - originating, structuring and underwriting the
majority of its investments through ACP Capital. ACP Mezzanine's lending can be
provided in conjunction with ACP Capital who may provide investment grade debt
and equity alongside the Company. ACP Mezzanine aims to optimise risk-adjusted
returns by actively managing its portfolio and to distribute at least 85% of
profits as dividends. ACP Capital owns 46% of ACP Mezzanine and, through a
subsidiary, acts as its investment manager.

Fundamental changes in the market, such as Basel II, are expected to accelerate
demand for alternatives to traditional bank financing in these segments. As a
non-regulated lender, ACP Mezzanine is not affected by Basel II. In line with
its strategy, ACP Mezzanine has a small exposure to the retail mortgage backed
securities sector as well as an anticipated negligible exposure to the US
(expected to be limited to certain US infrastructure assets).

By taking control of a majority of the underwriting process through ACP
Capital's investment manager, ACP Mezzanine benefits from a diversified flow of
assets whilst ensuring a risk-balanced growth.

By the end of 2009, the Company intends to have Euro550 million of assets under
management and looks set to achieve its target balance sheet mix as stated in
its admission document.



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

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