ACPM Acp Mezzanine

    RNS Number : 7081A
  ACP Mezzanine Ltd
  05 August 2008
   

    ACP Mezzanine Limited

    Trading Update

    5 August 2008

    ACP Mezzanine Limited (AIM: ACPM) ("ACP Mezzanine" or "the Company") announces an update on activities since the change of board control
occurred at ACP Capital Limited ("ACP Capital"), the parent of the Company's investment manager, on 17 July 2008.

    The board of ACP Mezzanine understand that ACP Capital has confirmed its intention not to progress with the joint funding opportunity
with ConPAIR AG. As a consequence, ACP Mezzanine will be unable to progress with its proposed investment in ConPAIR AG transaction.  
    The board of the Company therefore believe that by not progressing with the aforementioned investment the targeted annualised dividend
yield for the Company of 17.5 per cent. by the end of 2008 is unlikely to be achieved.

    Enquiries

    Philip Secrett / Fraser Campbell
    Grant Thornton UK LLP (Nominated Adviser)                      +44 (0) 20 7383 5100

    Simon Atkinson / Simon Stilwell
    Liberum Capital Limited (Financial Adviser and Broker)      +44 (0) 20 3100 2000




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