CCAP.L Regulatory News (CCAP)

23 May 2006 12:25

Charlemagne Capital Limited23 May 2006 23 May 2006 Purchase of Shares by a Director On 23 May 2006, Charlemagne Capital Limited ("Charlemagne", the "Company"), wasnotified of purchases of shares in the Company by interests connected with JamesMellon, a non-executive Director of the Company. Two companies which are whollyowned by a trustee of settlements under which James Mellon has a life interesthad made purchases in the open market earlier on the same day. The two companies purchased, in aggregate, 400,000 Ordinary Shares of US$0.01each, at a price of 73p per share. As a result of these purchases, James Mellon and entities connected with him nowhave interests in 53,087,647 Ordinary Shares of US$0.01 each or 17.8% of thetotal number of Ordinary Shares of US$0.01 each in issue. Enquiries Charlemagne Capital 01624 640200David McMahon, Company Secretary Smithfield Consultants 020 7360 4900John KielyGeorge Hudson Notes to editors Charlemagne Capital is a specialist emerging markets equity investmentmanagement group. Charlemagne Capital Limited was admitted to the AIM market ofthe London Stock Exchange on 4 April 2006. Charlemagne's product range comprises mutual funds, hedge funds andinstitutional and specialist fund products primarily covering GEMs, EasternEurope, Latin America and Asia. Charlemagne Capital employs a range ofinvestment strategies including: long only, long/short, structured products andprivate equity. Charlemagne Capital's funds aim to exploit the inefficiencies inthe market via a strict bottom up approach and focused stock selection. Through the strong long-term investment performance track record of itsprincipal funds, Charlemagne Capital has established itself as a market leaderin emerging markets investment management. Its performance has been recognisedthrough numerous awards and top rankings for its funds, including the 2005Standard and Poor's 5-year best performing fund award in Austria, the 2006 SwissLipper Leaders 5-year award winner for Emerging Markets Europe and an AAA-ratingby Standard & Poor's for its Magna Eastern European Fund (a sub-fund of MagnaUmbrella Fund Plc). This information is provided by RNS The company news service from the London Stock Exchange