Daniel Stewart Securities PLC

("Daniel Stewart" or "the Company")

NOTIFIABLE INTERESTS

 

Further to its announcement of 18 February 2010, regarding the conversion of £250,000 of the £1 million two-year unsecured credit facility, which is provided primarily by FCI A.G., into 12,500,000 new ordinary shares of 0.25p each ("New Ordinary Shares"), the Board of Daniel Stewart is pleased to announce that the New Ordinary Shares have been issued to FCI FZE ("FCI").

Following the issue of the New Ordinary Shares, the enlarged issued share capital of Daniel Stewart ("Enlarged Share Capital") is 350,311,066 ordinary shares. The New Ordinary Shares represent approximately 3.57% of the Enlarged Share Capital. The Enlarged Share Capital does not include the 50,000,000 ordinary shares to be issued as consideration for the acquisition of MENA-RL, as announced on 18 February 2010.

Prior to the issue of the New Ordinary Shares, FCI held 2,991,000 ordinary shares in the Company, which represents approximately 0.85% of the Enlarged Share Capital. In addition to the New Ordinary Shares, on 25 February 2010, FCI acquired 250,000 ordinary shares at a price of 2.7p, representing approximately 0.07% of the Enlarged Share Capital.

Therefore FCI holds a total interest in Daniel Stewart of 15,741,000 ordinary shares, representing approximately 4.49% of the Enlarged Share Capital.


Further information:

Peter Shea, Chief Executive Officer
Daniel Stewart Securities PLC                    Tel: 020 7776 6550


Nick Tulloch
Arbuthnot Securities Limited                       Tel: 020 7012 2158


Nick Rome/Siobhra Murphy
Bishopsgate Communications                    Tel: 020 7562 3366