PRESS RELEASE

State Securities Boosts Asset Team With Appointment of Print Specialist

Key points:

• Philip Neave joins State Securities as print specialist
• Appointment strengthens in-house asset department’s specialist expertise

Wednesday, January 09, 2008 - One of the UK’s leading asset funders, State Securities, has strengthened its in-house asset department, based in Southampton, with the appointment of Philip Neave as a printing equipment specialist.

Philip will be responsible for valuing printing machinery and visiting customers’ premises around the UK to view and assess machinery in-situ. Philip brings with him extensive expertise in the printing field. Prior to joining State Securities, he worked at Headline Printers (a well-established South-coast print company) as a Printer / Print Finisher.

On his appointment, Asset Director James Sampson commented, “The appointment of Philip as a printing specialist will serve to strengthen the asset team and will help further our growth in the print sector, one of our key target markets.”

State Securities offers a range of ‘one stop shop’ asset finance solutions to clients who are looking to purchase or refinance assets such as printing equipment, plant and machinery. Loan amounts are from £10,000 to £7.5 million. Finance solutions are tailor-made to cater for the demands of individual business requirements and can be provided in conjunction with an extensive range of finance products and services.

Philip Neave can be contacted on tel 01489 775678.

-ENDS-

Notes to Editors :

State Securities

State Securities has over 27 years experience assisting business customers who are looking to raise finance for the acquisition of new or used assets, along with the re-financing of assets already owned by the business. It also provides Commercial Mortgages for properties including factories, warehouses, offices and retail outlets and Factoring for State Securities type customers to help improve their cash management and to assist in trying to provide a complete finance package. Bridging Finance has recently been introduced.

State Securities supports a wide range of clients, including public and private limited companies, partnerships and sole traders, and can also help companies that have difficulty in raising finance in a short period of time, for example new start businesses. Additionally, it specialises in assisting businesses in company or individual voluntary arrangements.

Registered Head Office : State Securities plc, Burlington House, Botleigh Grange Office Campus, Grange Drive, Hedge End, Southampton, Hants SO30 2AF, t 01489 775600.

Visit www.statesecurities.co.uk