LDC London Asia

RNS Number:3042P
London Asia Capital PLC
26 July 2005


For immediate release:                          26 July 2005


                            LONDON ASIA CAPITAL PLC
                        ("London Asia" or the "Company")


                                Issue of Options

Following the approval of shareholders at the Annual General Meeting earlier
this year, the Board of London Asia has allocated options over ordinary shares
to directors and employees of the Company as set out below.

Simon Littlewood and Victor Ng, the Company's two executive directors, and Jack
Wigglesworth and George Allnutt, non executive Chairman and non executive
Director respectively, have each been allocated 500,000 options, of which half
are exercisable at 20 pence per share, and half at 25 pence per share. None of
these options can be exercised for a period of twelve months and all are
conditional on continued employment with the Company.

David Brewer, recently appointed non executive Director, has been allocated
250,000 options, half of which are exercisable at 20 pence per share and half at
25 pence. These cannot be exercised for a period of twelve months and are
conditional on his continued employment with the Company.

Senior management, staff and consultants have been allocated 8,250,000 options,
of which 2,125,000 are exercisable at 20 pence per share, and 6,125,000 options
are exercisable at 25 pence. These cannot be exercised for a period of twelve
months, and those issued to employees are conditional on their continued
employment with the Company and achieving pre-agreed performance targets.

All of the options granted are valid for a period of five years from date of
allocation.

Simon Littlewood, Chief Executive of London Asia, commented: "This year has seen
a significant increase in the level of activity for the business as we have
continued to expand our operations. Part of this expansion included opening a
new office in Qingdao, a significant expansion of our Beijing and Wuhan
operations, and a new office in Germany to service our important energy and
environment business in China. With an increase in the number of employees it is
important to keep employment overheads under tight control, and our policy has
been to remunerate our directors and employees through incentive based option
packages. The award of options is always based on performance with the exercise
price at a significant premium to market price at the time of issue. The issue
of these options ensures that the interests of management and employees are
aligned with the interests of shareholders in growing the business."


For further information please visit www.londonasia.com or contact:

Simon Littlewood, Chief Executive  Jeremy Carey/John West
London Asia Capital                Tavistock Communications
Tel: 020 7248 7578                 Tel: 020 7920 3150




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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