Transaction in Own Shares

Strategic Equity Capital Plc

The Company announces that it purchased on 12 September 2008 120,000 Ordinary
10p shares for treasury at a price of 0.535p per share.

Following this transaction the number of Ordinary shares in issue remains
72,626,000, of which 3,045,500 are now held in treasury.

The number of Ordinary shares for the purpose of total voting rights is
69,580,500.

15 September 2008