The  Board  of St Helens Capital plc ("St Helen's" or "the Company") is pleased to report on  encouraging  trading  conditions  during  the final two months of 2005. 

In  November, St Helen's Capital completed four transactions  raising  GBP2.2m. The four transactions were as follows:

*   Vicorp Group Plc: a private placing which raised GBP879,440
*   Datum International Plc: a private placing which raised GBP355,000
*   Fidentia Ltd: a private placing which raised GBP150,000
*   Application  Developments  Plc: an Open Offer and Admission to Ofex raising
    GBP807,879

St Helen's is also pleased to report  that  it  has been appointed as Corporate Adviser to the following companies:

*   V Eight Plc: an Ofex Admission and Offer for  Subscription  to raise GBP1.4  million.
*   Avisis Plc: Ofex Admission and Open Offer to raise GBP450,000.
*   Elm Investments Plc: an Ofex Admission for an investment vehicle
*   Guild  Investments  Plc:  an  Ofex  Investment vehicle raising early  stage finance

In  December  the following two transactions  have  been  completed  raising  a further GBP1.4m:

*  Seabreeze  Property   Investments  Ltd:  a  Private   Placing  which  raised GBP600,000
*  Appian: Placing which raised  GBP2.08  million  of  which  St Helen's raised GBP860,050.

This  week DTT Plc starts trading on Ofex and is advised by St Helen's  Capital Plc.  This  is  the first of several innovative developments from FIS Plc, also advised by St Helen's,  which  creates  investor  opportunity  in  early  stage franchise investments.

On 1 January 2006, the St Helen's Ofex Division, run by Barry Hocken, Executive Director,  will  be joined by John Bridges as an Associate Director in the Ofex Division.  John is  well known in the Ofex community and we look forward to his contribution.

St Helen's continues  to  maintain  its  position as the leading Ofex Corporate Adviser with 24 clients and a strong pipeline of new business.  The Company now shows  a  positive  profit  and loss account,  whilst  creating  a  significant portfolio of investments and  share options in client companies which the Board believes  will  contribute  towards   the  Company's  future  development.   In addition, the lease at 15 St Helen's Place  has  now been renegotiated and this will result in an annual saving of approximately GBP40,000.

Commenting  Tony  Drury,  chairman  of St Helens said:  "WE  BELIEVE  THAT  THE POSITIVE DEVELOPMENTS AT PLUS MARKETS PLC, COUPLED WITH THE SUCCESSFUL START OF TRADING  OF  THE PLUS MARKETS PLATFORM  AND  THE  ENCOURAGING  NUMBERS  OF  NEW COMPANIES JOINING  OFEX  WILL SUPPORT SIGNIFICANTLY THE ST HELEN'S STRATEGY AND THE DIRECTORS BELIEVE THEREFORE  THAT  THE  FOUNDATIONS  HAVE  BEEN LAID FOR AN EXCITING FUTURE."

                                   --ENDS--

    The Directors of the Issuer accept responsibility for this announcement

Enquiries:

ST HELEN'S CAPITAL PLC                                      Tel: 020 7628 5582
Tony Drury, Chairman                                            Tel: 07973 737284
www.sthelenscapital.com

BISHOPSGATE COMMUNICATIONS LIMITED                          Tel: 020 7430 1600
Maxine Barnes
Dominic Barretto                                  
www.bishopsgatecommunications.com