PRESS RELEASE

Continued Expansion at State Securities With Move to New Office Premises

Key points :

• Brand new 10,600 sq foot head office premises for State Securities
• Move supports strategy for continued growth and development in the asset based lending market

Wednesday, 19 July 2006: In order to support its strategy for continued growth and development, on Monday 10th July, 2006 State Securities’ head office operations moved to bigger, better and brighter new office premises on the Botleigh Grange Office Campus, Hedge End, Southampton. 

Located on the 2nd floor of Burlington House, the design of the new offices is contemporary and open plan which enhances the sense of space, as well as giving the company additional room to recruit and grow further its head office operations. The interior of the building is segmented into departments using a series of glass partitions.  This creative use of glass increases light throughout the building and adds to the open plan ambiance whilst reducing noise levels.

Managing Director, Simon Mills, commented “We’re delighted with our new head office premises. They provide us with new opportunities to grow the business and maximise our potential in the asset based lending market place. It is a reflection of the dedication and teamwork of all our staff that we have made the transition to a market leader in this sector and these new offices provide us with the opportunity to consolidate this growth and development further still.”

For more information, contact Jo Macklin on t 01489 775646.

-ENDS-

Notes to Editors :

State Securities

For over 25 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

Head office details

State Securities’ new head office premises are located on the 2nd floor of Burlington House on the Botleigh Grange Office Campus, Hedge End, near Southampton. The Botleigh Grange Office Campus is a dedicated business park with comprehensive road, rail and air links, providing quick and easy access to the M27 and M3 motorway networks, mainline rail links and Southampton International Airport.

Address and contact details:

Burlington House

Botleigh Grange Office Campus

Grange Drive

Hedge End

Southampton

Hampshire SO30 2AF

T: 01489 775600

F: 01489 775601