Transaction in Own Shares

16 May 2008

ACP Capital Limited (‘the Company') announces that on 15 May 2008 and 16 May 2008 it purchased a total of 750,000 of the Company's ordinary shares of 10p each at an average price of 85.42 pence per share.

The purchased shares will be cancelled. Following this repurchase, the Company's current issued share capital is now 197,052,941 ordinary shares of 10p each.

The total number of voting rights in the Company is therefore 195,052,026, excluding the 2,000,915 ordinary shares held in treasury by the Company.

Enquiries:

Chris Wells, Collins Stewart Europe Limited
+44 (0)20 7523 835

Rob Bailhache & Nick Henderson, Financial Dynamics
+44 (0)20 7269 7200 (Media Relations)

For further information on ACP Capital, please visit www.acpcapital.com.