Scheme of arrangement

Conister Financial Group PLC
30 January 2008


FOR IMMEDIATE RELEASE                                            30 January 2008


               Conister Trust plc ('Conister' or the 'Company')
                              Scheme of Arrangement

The Company announces a revised timetable for the Admission of Conister
Financial Group Plc to AIM. The Scheme is  expected to become effective and
dealings in the new holding company, Conister Financial Group Plc, are expected
to  commence on AIM on Thursday, 31 January 2008.


ENDS

For further information, please contact:
Conister Trust plc
Jeremiah Linehan Director
Tel [phone]
Beaumont Cornish Limited
Roland Cornish
Tel [phone]

Beaumont Cornish Limited ('Beaumont Cornish'), which is authorised and regulated
by the Financial Services Authority and which is a member of the London Stock
Exchange, is the Company's and CFG's nominated adviser for the purposes of the
AIM Rules and, as such, its responsibilities are owed solely to the London Stock
Exchange and are not owed to the Company, CFG or any of their respective
directors or any other entity or person. Beaumont Cornish will not be
responsible to anyone other than the Company and CFG for providing the
protections afforded to clients of Beaumont Cornish or for advising any other
person in relation to the contents of this document or any of the accompanying
documents. No liability is accepted by Beaumont Cornish for the accuracy of any
information or opinions contained in, or for the omission of any material
information from this document and the documents which accompany it.



                         EXPECTED TIMETABLE OF EVENTS

Effective Date for the Scheme                                    31 January 2008

CREST accounts credited by 31 January 2008

Admission of the New Ordinary Shares to AIM and the              31 January 2008
commencement of dealings

Definitive share certificates despatched by CFG in respect of    8 February 2008
New Ordinary Shares not held in uncertificated form



                      This information is provided by RNS
            The company news service from the London Stock Exchange