TIDMSTB TIDMARBB

RNS Number : 0071D

Secure Trust Bank PLC

09 May 2012

For Immediate Release

PRESS RELEASE 9(th) May 2012

SECURE TRUST BANK PLC

AGM Statement

The Board of Secure Trust Bank PLC (the "Bank") announces that shareholders approved all the resolutions proposed at the Annual General Meeting of the Bank held today, Wednesday 9 May 2012.

At the meeting Henry Angest, Chairman made the following statement:

"In the first four months of the year, the Bank has written increasingly high levels of organic new lending. In assessing new business, management adhere to their strict lending criteria and continue to manage customer margins carefully. This new lending is lowering the excess liquidity that was carried over from the year end.

"The new internet banking platform went live on 30th April 2012 and the initial reaction has been positive.

"The Bank is continuing actively to work on a pipeline of significant business development opportunities. As always, management exercises prudent judgement in assessing these opportunities, particularly taking into account the current economic environment."

Enquiries:

Secure Trust Bank PLC

Henry Angest, Non Executive Chairman Tel: 020 7012 2400

Andrew Salmon, Non Executive Director

Paul Lynam, Chief Executive Tel: 0121 693 9100

Neeraj Kapur, Finance Director

David Marshall, Director of Communications Tel: 020 7012 2400

   Canaccord Genuity Hawkpoint Limited (Nominated Adviser)        Tel:     020 7665 4500

Lawrence Guthrie

Sunil Duggal

Canaccord Genuity Limited (Broker) Tel: 020 7523 8000

Roger Lambert

Lucy Tilley

Pelham Bell Pottinger Tel: 020 7861 3232

Ben Woodford

Dan de Belder

This information is provided by RNS

The company news service from the London Stock Exchange

END

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