Daniel Stewart, stockbroker and corporate finance adviser to smaller and medium-sized companies, would like to clarify that contrary to press speculation the Company is not trying to raise new funds. The Company's balance sheet was recently strengthened by a £1.5m cash injection from Brainspark plc. Daniel Stewart has also raised further funds via a placing with staff in recent months.


The Company continues to focus on international expansion which, as previously stated, helped underpin a turnaround during the first quarter of the current period - with both April and May expected to be profitable (un-audited).


Enquiries:

DANIEL STEWART SECURITIES PLC                       Tel: 020 7776 6550

Peter Shea, Group Chairman & Chief Executive


ARBUTHNOT SECURITIES                                        Tel: 020 7012 2000

Nick Tulloch

Ed Groome


BISHOPSGATE COMMUNICATIONS LIMITED       Tel: 020 7562 3350

Maxine Barnes

Nick Rome

danielstewart@bishopsgatecommunications.com



About Daniel Stewart

Daniel Stewart Securities is an AIM-listed company providing a range of investment banking services to Small Cap publicly traded and non-publicly traded companies. The Group has two subsidiaries, Daniel Stewart and Company, the Group's principal operating subsidiary, which is authorised and regulated by the Financial Services Authority and is a member of the London Stock Exchange, and Daniel Stewart Capital, the Group's leasing and debt financing division.

Daniel Stewart is regulated by the FSA, is an AIM Nominated Adviser and PLUS Market corporate adviser, as well as being a regulated broker to both the Official List and AIM. It currently acts for approximately 50 AIM companies and is actively seeking to increase its client base with companies who will benefit from its specialised corporate advisory and institutional stock broking services.