RNS Number:7455H
London Asia Capital PLC
24 January 2005


                            London Asia Capital PLC
                                (the "Company")

                               Holding in Company

The Company was notified on 21 January 2005 that as of 18 January 2005,
Marlborough Fund Managers Limited managed funds which included 7,000,000
ordinary shares of London Asia Capital plc, which represents 5.44% of the issued
share capital of London Asia Capital plc. This disclosure is made pursuant to
the EU Transparency Obligations Directive coming into force which now requires
this percentage of shareholding to be notified to the Company.

ENQUIRIES:

Paul McManus, Binns & Co        Tel: 020 7153 1485
                                Mob: 07980 541 893

Simon Littlewood, CEO           Tel: 020 7248 7578

Jeremy Porter, Seymour Pierce    Tel: 020 7107 8000




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

END
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