GlobalCapital plc - Transaction between Related Parties

Friday, March 4th, 2005

Global Financial Services Group plc (GFSG) today announced that Central Landmark Development Ltd, a fully-owned subsidiary, has on 26 January 2005 subscribed to 1,634,000 ordinary "A" shares of Lm1.00 each, 85% paid up, in Metropolis Developments Limited, a newly formed joint investment company, for a total consideration of Lm1,634,000 of which Lm1,388,900 has been paid on subscription.

This investment is a transaction with "Related Parties" in terms of the Malta Financial Services Authority Listing Rules as:

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