PRESS RELEASE

Ralph Robertson promoted to Regional Sales Director

Thursday, June 28, 2007: Leading business funder, State Securities, is pleased to announce that Ralph Robertson has been promoted to Regional Sales Director within its Asset Finance team.

Ralph has been with the company for over 16 years and has maintained a level of sales performance that sees him regularly leading his teams to success.  He has won the ‘Team of the Year’ trophy 4 times out of the last 6 years.  Ralph has been a Senior Sales Manager running 3 regional sales teams – East and West Midlands and the South-West - and has handled the extra levels of responsibility with a high degree of commitment and effort.

Andrew Bullard, Sales Director, said, “Ralph has extensive knowledge of the UK asset finance market and has developed excellent relationships with introducers and customers throughout his region. He has overseen a significant growth in business and his expertise and experience makes a valuable contribution to the company which has been acknowledged with this promotion”.

On his promotion, Ralph commented, “I’m delighted that my achievements have been recognized in this way and am looking forward to the new challenges the role will bring”.

State Securities provides asset finance and the re-financing of assets (such as engineering equipment, plant, machinery and vehicles) commercial mortgages, factoring and the Small Firms Loan Guarantee to UK SME’s whose business circumstances may preclude them from obtaining funding from their usual high street source.

-ENDS-

Notes to Editors :

State Securities

For over 26 years State Securities has assisted 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, whatever the business circumstances. 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.

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.

Visit www.statesecurities.co.uk or email enquiries@statesecurities.plc.uk