Trading update

12 September 2008

Further to the joint announcement made on 5 September 2008, ACP Capital Limited ("ACP") (AIM: APL) and ACP Mezzanine Limited ("ACPM") (AIM: ACPM) wish to inform the market that Pfaff Industrie Maschinen AG, a German quoted industrial company, has informed ACP and ACPM that it has filed for insolvency.

ACP and ACPM will supply further information regarding this matter as appropriate.
 
Enquiries:

Chris Wells, Collins Stewart
(Nominated Adviser)
+44 (0) 207 523 8350