The  Board of St Helen's, the leading Ofex adviser, is pleased to announce that it has been appointed by Application Developments Limited ("ADL") to act as its Corporate Adviser.

ADL designs,  manufactures and distributes advanced labelling systems (hardware and software) and  associated  consumables (labels etc). ADL is looking to make an application for Admission to Ofex by the end of the year.

Commenting, Tony Drury, chairman  of  St  Helen's said: "WE ARE DELIGHTED TO BE ACTING FOR ADL AND THIS NOW BRINGS THE TOTAL  NUMBER  OF  COMPANIES  TO  29 FOR WHICH ST HELEN'S IS PROVIDING CORPORATE ADVISORY SERVICES".

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The Directors of the Issuer accept responsibility for this announcement.



ENQUIRIES:

ST HELEN'S CAPITAL PLC                       020 7628 5582
Tony Drury, Chairman                         078 3672 2482
www.sthelenscapital.com


BISHOPSGATE COMMUNICATIONS LTD.              020 7430 1600
Maxine Barnes
Dominic Barretto                                  
www.bishopsgatecommunications.com


NOTES TO EDITORS


St  Helen's Capital Plc is a FSA regulated, corporate advisory firm. It is  the leading  Ofex  adviser  and  specialises  in  advising  Small  and Medium sized businesses (SMEs) on pre-IPO fund raisings and Ofex Introductions  which may be accompanied  by  capital raising through a Private Placing and/or an Offer  for Subscription of new shares.

St Helen's is currently adviser to 29 Companies of which 21 are listed on Ofex.