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Ambrian Partners Hires Leading Retail Analyst Philip Dorgan

14 October 2009

Ambrian Partners Limited (“Ambrian”), the wholly-owned subsidiary of Ambrian Capital plc, is pleased to announce the appointment of a leading retail analyst, Philip Dorgan.

Philip Dorgan is one of the most respected retail analysts in the market, with a career spanning more than 25 years in the sector. Philip was a retail analyst at Panmure Gordon for the past 13 years, the last five of which he was Head of Research. Philip was the former Head of European Retail at Goldman Sachs between 1988 and 1994, and he has also held retail analyst positions at Société Générale and Scrimgeour Kemp-Gee.

At Ambrian, Philip will predominantly cover UK large-cap retail stocks.

Richard Chase, Managing Director of Ambrian Partners, commented:

“We are delighted that an analyst of Philip’s considerable experience and excellent reputation has joined Ambrian. We have strong ambitions to continue the expansion of our equity research and sales and trading in both scope and scale of companies covered. Philip is an important part of that.”

About Ambrian Capital plc

Ambrian Capital (AIM: AMBR) is the holding company of Ambrian Partners Limited, Ambrian Commodities Limited and Ambrian Metals Limited.

Ambrian Partners Limited is a focused investment bank known in the market today for its leading position in the metals & mining, oil & gas and cleantech sectors. It provides corporate finance advice, equity research, sales and trading and market making services. Ambrian Partners has been ranked first in the AIM Basic Materials Sector in the Hemscott Advisers Rankings for more than 12 months, and was voted No. 1 for small- and mid-cap mining in the Extel Survey of fund managers in June 2009. Ambrian Partners is a member of the London Stock Exchange and is authorised and regulated by the Financial Services Authority.

Enquiries:

Richard Chase
Managing Director
Ambrian Partners Limited
Tel: +44 (0)20 7634 4700

Ben Simons/Charlotte Kirkham
M: Communications
+ 44 (0)20 7920 2430/2331