Aquisition of JP Jenkins

Rivington Street Holdings are pleased to announce the aquisition of JP Jenkins

10 MARCH 2009

                         RIVINGTON STREET HOLDINGS PLC                        

                                  PLUS: RIVP                                  

                          ("RSH plc" or "THE GROUP")                          

                       ACQUISITION OF JP JENKINS LIMITED 

The Board of RSH plc, the PLUS quoted media and financial services group, is
delighted to announce that, subject to regulatory approval, it is acquiring
100% of the ordinary share capital of JP Jenkins Limited ("JP Jenkins") and
certain assets utilised by the JP Jenkins trading platform from IAF Securities.
 

JP Jenkins provides a platform for dealing on a matched bargain basis in
unlisted securities and currently has 13 corporate clients using its trading
facility. Last year revenue in excess of GBP 65,000 was generated by the JP
Jenkins trading platform. The Directors of RSH believe that in the current
climate many AIM and PLUS listed companies, whose shares are very rarely
traded, will see this platform as a more attractive option to maintaining a
high cost formal listing. JP Jenkins` dealer, Barry Jenkins, will be joining
RSH with immediate effect to continue the JP Jenkins trading platform
operations.

RSH believes that the JP Jenkins operation will provide the basis for the
establishment of a full private client broking operation within the Group and
will keep investors informed about its progress in developing this operation.

The consideration for the transaction will be GBP 15,000 payable in cash and
the directors of RSH believe that the acquisition will be earnings enhancing in
the current financial year.

RSH continues to review a number of additional acquisition opportunities to
complement its own organic growth and believes that its strong net cash
position should enable the Group to make further acquisitions.

Commenting on the acquisition, Chairman Malcolm Burne said:

"We are delighted to be making this acquisition and we continue to evaluate
other acquisitions which will enhance the Group. This platform will, in due
course, enable RSH to penetrate the world of private client broking. We expect
JP Jenkins to be immediately earnings enhancing. Furthermore a number of other
acquisitions are under review and we look forward to keeping the market up-to-
date on our progress."

Barry Jenkins of JP Jenkins said:


"I was approached by a number of established City brokers seeking to secure the
JP Jenkins platform and my services but Rivington Street Holdings was the most
dynamic and exciting opportunity available. I look forward to growing JP
Jenkins as part of the larger Group."

   The Directors of RSH plc accept full and absolute responsibility for the   
                         content of this announcement.                        

                                    -ENDS-                                    

Enquiries:

Daniel Stewart & Company Plc

Stewart Dick / Paul Shackleton 020 7776 6579

Bishopsgate Communications

Nick Rome / Will Tindall 020 7562 3350

Rivington Street Holdings Plc



END
 

J P Jenkins is part of Rivington Street Holdings.
Rivington Street Corporate Finance is regulated by the Financial Services Authority and is a PLUS Corporate Adviser Member.