Reduction of share premium

21 Feb 2007 12:56

Albany Capital PLC21 February 2007 21 February 2007AIM: ALB ALBANY CAPITAL PLC ("Albany Capital" or "the Company") Reduction of share premium account On 14 December 2006 Albany Capital announced a proposed reduction of theCompany's share premium account by £829,054 in order to eliminate the deficit onthe Company's profit and loss account as at 30 September 2006 ("the Reduction"). The Company now confirms that, following the receipt of a Court Order and aCertificate of Registration from Companies House, the Reduction has becomeeffective. For further information please contact: Albany Capital PLC Chris Roberts 020 7937 4445 W.H. Ireland Limited Peter Jackson 020 7220 1666 This information is provided by RNS The company news service from the London Stock Exchange