GlobalCapital plc - Acquisition of immovable property

Friday, March 17th, 2006

Global Financial Services Group p.l.c. (the ‘Company’) announces that on 16 March 2006, it has completed the acquisition of immovable property comprising buildings and land measuring in its entirety approximately 11,000 square metres, situated in Collalto Sabino, in the outskirts of Rome, Italy for a consideration of EUR 3,250,000. This acquisition has been made by the Company through its fully-owned subsidiary, Quadrant Italia s.r.l.

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