AVD Avid Holdings

    11 June 2008

                               Avid Holdings Plc                               

                                Adviser Change                                 

Avid Holdings plc ("Avid") announces that it has appointed Zeus Capital Limited
as Nominated adviser with immediate effect.

Newlands Stockbrokers Limited will remain as broker to Avid.

For further information please contact:

Avid Holdings plc
Jonathan Bobbett - Chief Executive
Tel: 01622 872 022

Nominated Adviser
Zeus Capital Limited
Ross Andrews
Tel: 0161 831 1512

Newland Stockbrokers Limited
24-25 New Bond Street
London W1S 2RR
Tel: 020 7290 2400



END

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