LDC London Asia

RNS Number:9964Y
London Asia Capital PLC
24 May 2004

London Asia Capital (the "Company")



Issue of equity



Following the exercise of 20,000 warrants attached to the shares issued in the
placing of October 2003, the Company has issued 20,000 ordinary shares for cash
at 10p per share, resulting in net cash to the Company of #2,000.  Application
has been made for the shares to be traded on AIM and admission is expected on 28
May 2004.


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

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