LifeStar Holding plc - Interim Directors’ Statement

On 13 May 2010 GlobalCapital plc issued its Interim Directors’ Statement covering the period from 1 January 2010 to date. The Group explained that although uncertainty and volatility remain present in global markets, signs of investor optimism and a quicker pace of recovery are becoming more evident. The Group has continued to build on the revitalization programme initiated in 2009 by implementing further initiatives which were identified as a result of this process. GlobalCapital also continues to invest more in its relationships with its customers and has recently launched a new identity.

The GlobalCapital Group stated that the results of these measures have started to positively impact the performance of the company however the full benefits of the programme will be felt over the longer term. The Group confirmed that it remains financially stable and maintains its focus on strengthening its core businesses.

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