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Webb Capital Plc (WCAP)

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Monday 28 November, 2011

Webb Capital Plc

Termination of acquisition of Rivington Street


                                                               28 November 2011

                               Webb Capital PLC                                

                       ("Webb Capital" or "the Company")                       

   Termination of acquisition of Rivington Street Corporate Finance Limited    

On 8 November 2011, the board of Webb Capital PLC announced that it had signed
Heads of Terms with Rivington Street Holdings Plc for the acquisition of its
corporate finance and broking subsidiary, Rivington Street Corporate Finance
Ltd. At the time we noted that the transaction was conditional upon regulatory
approval from the FSA and the completion of our due diligence.

We have now received notice from Rivington Street Holdings Plc that they have
resolved to pursue an alternative offer and that the Heads of Agreement has
been terminated.

Although Webb Capital plc has already received regulatory approval from the
FSA, we have not been able to complete our due diligence in satisfactory terms
and accordingly will not seek to pursue the matter.

In parallel, we strongly believe that there are many opportunities for our
expansion within the smaller companies sector and we are currently reviewing a
number of initiatives that may well achieve a better end result at a lower risk
to our shareholders.

The Directors of the Issuer accept responsibility for this announcement.

Webb Capital PLC

For further information, please contact:

Peter Webb - CEO Tel: 0207 634 9510

www.webbcapital.com

Daniel Stewart & Company plc

Paul Shackleton/Noelle Greenaway Tel: 020 7776 6550

Martin Lampshire, Head of Broking

Media Enquiries

Buchannan Communications

Tim Anderson, Lisa Baderoon Tel: 0207 466 5000

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