Appointment of Mark Sebba as a Non-Executive Di...

LMS CAPITAL PLC

28 September 2010

Appointment of Mark Sebba as a Non Executive Director

The Board of LMS Capital plc ("LMS" or "the Company") has appointed Mark Sebba
as a Non-Executive Director with immediate effect.

Mark is the Chief Executive Officer of NET-A-PORTER.com, the pre-eminent luxury
women's global fashion internet magazine and retailer. Since his appointment in
2003 he has overseen rapid growth with sales increasing from £6m in 2003 to £
120m in 2009; the launch of a new brand, the fashion discount site,
theOutnet.com and, due in 2011, MRPORTER.COM, the men's style destination.
NET-A-PORTER is profitable and growing. Like LMS, it manages operations both in
the UK and US.

Prior to joining NET-A-PORTER, Mark was Finance Director at Video Networks
Limited and Golden Rose Communications Plc. He has also worked in investment
banking and is a qualified Chartered Accountant.

Glenn Payne, Chief Executive of LMS, commented: "We are thrilled that Mark is
joining our Board, he is a high quality and dynamic businessman with a
background that fits LMS' growth focus. He has a deep knowledge of two of the
three sectors we focus on being consumer and applied technology, software &
services. He has a strong track record of operating profitable growing
companies; has operated in both the UK and the US; and is very strong
financially. On behalf of the Board I welcome him to LMS."

LMS Capital plc confirms that there is nothing further to disclose in relation
to Rule 9.6.13 (2) to (6) of the Listing Rules.

For further information please contact:

LMS Capital plc 020 7935 3555

Glenn Payne, Chief Executive Officer

Tony Sweet, Chief Financial Officer

Brunswick Group LLP 020 7404 5959

Simon Sporborg

Leonora Burtenshaw

About LMS Capital

LMS Capital is an investment company with over 30 years' experience in private
equity and development capital investment. Our objective is to deliver superior
absolute returns for shareholders through a portfolio of direct investments;
our focus is on small to medium sized companies in our preferred sectors of
consumer and media, energy & utilities and applied technology, software &
services.

We seek to partner with experienced managers in profitable, growing companies
where we expect to add value. Our focus is on buying and investing in
management teams and companies at favourable prices: on the assumption of
gradual economic improvement our outlook is positive on the investment
environment and we expect M&A activity to increase accordingly. We will
continue to be cautious in our investment approach, aiming to grow our
investments (and NAV) by 15%+ per annum without undue risk or investing in
unproven businesses.

The Company has a portfolio at 30 June 2010 valued at £230.3 million, most of
which we expect to realise in cash in the medium term. This harvesting of our
legacy investments should produce the capital required to finance a number of
new direct deals over the next five years.

Our recent deal experience has confirmed to us that potential partners place
great store on working with people who not only understand their business
(typically through previous deals in the same sector) but also have themselves
worked in operational management positions and who therefore understand and
empathise with the role of management in a business partnership. All members of
our investment team have prior experience as part of an operational management
team.

www.lmscapital.com