Transaction in Own Shares

Strategic Equity Capital Plc

The Company announces that it purchased on 01 August 2008 15,000 Ordinary 10p
shares for treasury at a price of 0.55p per share.

Following this transaction the number of Ordinary shares in issue remains
72,626,000, of which 2,599,500 are now held in treasury.

The number of Ordinary shares for the purpose of total voting rights is
70,026,500.

4 August 2008