Director/PDMR Shareholding

Dolphin Capital Investors Limited
01 April 2008

1 April 2008


                       DOLPHIN CAPITAL INVESTORS LIMITED

                            Director's Shareholding

The board of Dolphin Capital Investors Limited (the 'Company') received
notification on 31 March 2008 that Miltos Kambourides' indirect interest in the
Company has changed as follows:
 PDMR          Total number    Date of    Purchase  Price  Class of  Total number  Total number  Total number
                 of shares   transaction  of shares  per    shares     of shares     of shares     of shares
                controlled                          share             controlled    indirectly    indirectly
                  before                                               following   owned  before    owned
               notification                                          notification  notification    following
                                                                                                 notification
Miltos         76,139,449     31.03.2008   175,000   132.5  Common   76,314,449    41,577,712    41,643,337
Kambourides                                  (A)           shares of         (B)                         (C)
                                                    pence   EUR0.01                    (C)

Notes:

(A)indirect interest, acquired as a result of Mr. Kambourides holding a 37.5% shareholding in Silver Capital Holdings 
Limited.



(B) indirect interest, held as a result of Mr. Kambourides holding (1) a 75%
shareholding in Dolphin Capital Holdings Limited,  which holds 34,734,449 common
shares (including the shares owned by the 100% subsidiary, Dolphin Capital
Participations Limited). Dolphin Capital Holdings Limited is the holding company
of Dolphin Capital Partners Limited and (2) a 37.5% shareholding in Silver
Capital Holdings Limited, which holds 41,580,000 common shares.


(C) the resulting pro rata interest for Mr. Kambourides resulting from his
interest in the companies that hold the common shares.

For further information, please contact:

Dolphin Capital Partners Limited
Miltos Kambourides / Pierre Charalambides
[e-mail] / [e-mail]

Grant Thornton Corporate Finance                       Tel: [phone]
(Nominated Adviser)
Philip Secrett

Panmure Gordon                                         Tel: [phone]
(Broker)
Richard Gray / Dominic Morley / Andrew Potts

Financial Dynamics                                     Tel: [phone]
Stephanie Highett / Nicole Marino


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