Suspension of Trading

FOR IMMEDIATE RELEASE: 7.00 9 October 2006

              ADESTE INVESTMENTS PLC ("the Company" or "Adeste")               

                             SUSPENSION OF TRADING                             

In accordance with the AIM Rules governing investing companies introduced on 17
March 2005, the Company's shares have been suspended on the grounds that Adeste
has not substantially implemented an investing strategy. The Company will apply
to AIM for the shares to be restored to trading when it is held that such an
implementation has taken place.

In the event that the Company has not implemented an investing strategy within
six months, the trading of shares in the Company on AIM will be cancelled under
AIM Rule 41.

Contact: Leo Knifton, Director on 020 7877 8788

Roland Cornish, Beaumont Cornish Limited on 020 7628 3396.