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Microcap Equities PLC (MEQ)

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Friday 24 March, 2006

Microcap Equities PLC

Holding(s) in Company

                                                          For immediate release

                                                                  24 March 2006

                             Microcap Equities Plc                             

                         ("Microcap" or the "Company")                         

                              Notifiable interest                              

The Company has been notified that, Ian Andrew Vause, following a purchase of
200,000 ordinary shares, now holds 1,550,000 ordinary shares, representing 3.25
per cent. of the issued share capital of the Company.

For enquiries:

Microcap Equities Plc                                             020 8371 3071
Rakesh Patel                                                                   


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