LifeStar Holding plc - Interim Directors’ Statement

On 12 June, GlobalCapital plc published its Interim Directors’ Statement covering the first quarter of 2013.

The Company’s operating results for the period under review show an improvement over the same period last year on improved revenues as well as positive fair value movements on its financial investments as opposed to the adverse movements registered in the first three months of 2011. Furthermore, the Company continues to contain expenses which are at lower levels than those of last year.

The announcement also confirmed that the Company recently repurchased €0.5 million (nominal) of its 5.6% unsecured bonds during the month of May 2013. Following this repurchase the amount of outstanding bonds amounts to €16.5 million.