TIDMAMBR

RNS Number : 4153A

Ambrian Capital PLC

01 February 2011

AMBRIAN CAPITAL PLC

TRADING UPDATE

Ambrian Capital plc ("Ambrian" or the "Group") today issues a trading update based on unaudited management accounts.

Ambrian is pleased to report that trading conditions continued to be favourable for the Group for the year ending 31 December 2010. Profits before tax and share-based payment charges for the year are expected to be substantially ahead of the GBP1.82 million estimated in the Trading Update issued on 7 December 2010.

In the last quarter of 2010, Ambrian benefitted from a strong performance by Ambrian Partners Limited, primarily as a result of increased fund raising activity, and continued growth in the value of the principal investment portfolio.

Ambrian will announce its final results for 2010 in the latter part of March 2011.

Enquiries

 
 Ambrian Capital plc 
 Tom Gaffney, Chief Executive    + 44 (0)20 7634 4700 
 
 Macquarie Capital (Europe) 
  Limited 
 Simon Law                       + 44 (0)20 3037 5237 
 Nicholas Harland                + 44 (0)20 3037 2369 
 
 M: Communications 
 Charlotte Kirkham               + 44 (0)20 7920 2331 
 Ann-Marie Wilkinson             + 44 (0)20 7920 2343

Notes to Editors:

AMBRIAN CAPITAL PLC

Ambrian Capital plc (AIM: AMBR) is a specialist natural resources investment bank active in Commodities, Corporate Finance & Equities and Principal Investments.

Commodities

Ambrian Metals Limited is an independent physical metals supplier with a particular strength in refined copper. Through Ambrian Metals' offices in London and Shanghai and agents in New York, Santiago, Sao Paulo, Seoul and Tokyo, it sources non-ferrous metals from producers for distribution to an international client base of metals consumers and merchants.

Ambrian Energy Limited is a physical energy trading company focused on the supply of bio-fuels and crude oil.

Corporate Finance & Equities

Ambrian Partners Limited is known in the market for its leading positions in the metals & mining, oil & gas and cleantech sectors. It provides corporate finance advice, equity research, sales and trading and market making services. Ambrian Partners is a member of the London Stock Exchange and is authorised and regulated by the Financial Services Authority.

Principal Investments

Ambrian Principal Investments Limited is an investment company which holds the Group's principal investment portfolio. It is managed by Ambrian Asset Management Limited, which is authorised and regulated by the Financial Services Authority.

Further information on Ambrian is available on the Company's website: www.ambrian.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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