Shareholder General Meeting Poll Results

LMS CAPITAL PLC                                

                  Shareholders General Meeting - Poll Results                  

On 30 November 2011, LMS Capital plc held the Shareholders General Meeting
requisitioned by the Rayne Concert Party. The results of the voting by poll on
the resolutions put to the meeting are listed below. All resolutions were passed by the
required majority.

          Resolution                  For*            Against*      Withheld** 
                                                                               
                                     Votes   %          Votes   %         Votes
                                                                               
1. Approve the new investment  242,375,643 97.79    5,474,039 2.21       50,206
policy                                                                         
                                                                               
2. Approve the orderly winding 226,548,610 91.39   21,334,453 8.61       65,702
down of the Company                                                            

* The 'For' and `Against' votes include those votes giving the Company
Secretary discretion.

** The votes 'Withheld' are not counted towards the votes cast at the General
Meeting

Resolution 3, as originally included in the Notice of General Meeting dated 7
November 2011, was withdrawn by the Rayne Concert Party on 25 November 2011 and
was therefore not put to the vote at the Meeting.

The Company's issued share capital, as at 30 November 2011, is 272,674,285
ordinary shares of 10p each.

Matthew Jones

Company Secretary

Tel: [phone]

1 December 2011