Kingswood H. Regulatory News (KWG)

European Wealth acquires Xcap Nominees

For Immediate Release 23 November 2015

European Wealth Group Limited ('European Wealth'), the AIM-listed integrated wealth management group (AIM ticker: EWG, EWGL), today announced that it has acquired Xcap Nominees.

The acquisition brings a further £30 million of assets to European Wealth's Manchester office, opened in late 2014, which has a team of six investment managers, servicing clients both within the local area and throughout the UK. The office also has an increasing international focus, providing a range of sophisticated investment services to professional intermediaries across the Far East.

Further evidence of the international expertise in the Manchester office is the appointment of European Wealth as the preferred discretionary investment manager to the Montpelier Group of businesses based in Malaysia and Thailand, with combined assets under management of over £100 million.

John Morton, the Executive Chairmen of European Wealth, said, "Manchester is a key regional centre for our business. This deal further strengthens the asset base of the business and emphasises our commitment to building our presence here."

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Notes to Editors

European Wealth is a fast growing wealth management business founded in 2010 with headquarters in London and with offices in the United Kingdom and Switzerland.

Through its operating subsidiaries, which are authorised and regulated by the Financial Conduct Authority, European Wealth provides investment management and financial planning services.

With assets of over £1 billion, the European Wealth provides sophisticated investment management services to individuals, their families, trustees, professional intermediaries and institutions.

For more information please go to www.europeanwealth.com