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Webb Capital Plc (WCAP)

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Monday 24 May, 2010

Webb Capital Plc

Board Changes


                       Webb Capital plc (`the Company')                        

                    Appointment and resignation of Director                    

Webb Capital plc, the PLUS Markets quoted financial services group (formerly
Structured Investment Products plc) announces the appointment of David Weir FCA
as a non Executive Director with immediate effect.

At the same time Kim Berknov has stepped down as a non Executive Director to
pursue his other business interests.

David Weir is a Chartered Accountant and held a number of financial roles in
industry before becoming group chief executive of Caird Group plc, a listed
waste management company. Since that time he has become a non-executive
director of a number of public and private companies including Dee Valley Group
plc and Property Recycling Group plc.

He will chair the board Audit committee and also sit on the Remuneration
committee.

Peter Webb, Chief Executive, commenting on the appointment said:

`I am delighted to have enlisted David to the Webb Capital board of directors.
David participated in our recent share placing and I have known him for many
years, I believe he will bring valuable experience to help us to achieve our
goal of becoming a leading company serving the corporate advisory and financing
needs of the SME sector'

I would also like to thank Kim for his support since I became Chief Executive
last year and would wish him well for the future

The following disclosure is made to meet the requirements of Plus Markets Rules

David Weir - Directorships within the last 5 years:

Current: Dee Valley Group plc

Property Recycling Group plc

Past: Abacus Group plc

Deltron Electronics plc

E W Beard Holdings Limited

As at the date of appointment David Weir was beneficially interested in 166,666
ordinary shares

The Directors accept responsibility for this announcement

A copy of this announcement is available on www.webbcapital.com

For further information

Webb Capital plc

Peter Webb - Chief Executive Tel: 020 7634 9510

Daniel Stewart & Co PLC

Paul Shackleton Tel: 020 7776 6550


                                                                                                                                                                                                   

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