Result of EGM

12 Mar 2009 11:44

Date: 12th March 2009 On behalf of: Western Selection P.L.C. ("the Company" or "Western") For immediate release Western Selection P.L.C. Result of Extraordinary General Meeting

At the Extraordinary General Meeting held at 11.00 a.m. today, the resolution to approve the cancellation of the trading of the Company's Shares of 40p each on AIM was approved unanimously on a show of hands. Proxies in respect of a total of 10,408,852 shares had been received, of which 9,140,852 voted in favour and 1,268,000 voted against the resolution. Accordingly the admission to trading on AIM will be cancelled with effect from 7.00 a.m. on Thursday 19th March 2009 and after that date Western's shares may only be traded on PLUS Markets.

At the same time the appointment of FinnCap as Nominated Advisers and Brokers to the Company will end. Loeb Aron & Company Ltd. will continue to act as the Company's PLUS Corporate Advisor.

- Ends -Enquiries to:Western Selection P.L.C. Via Redleaf Communications David Marshall/Edward Beale Redleaf Communications 020 7566 6700 Emma Kane/Sanna Sumner/Rebecca Sanders-Hewett FinnCap 020 7600 1658 Matthew Robinson/Ed Frisby Loeb Aron & Co. Ltd 020 7628 1128 Peter Freeman Notes to Editors:● The Company is an investment finance company and the investment policy is to hold strategic stakes in a few smaller UK quoted companies and maintain a diversified portfolio of U.K. listed equities, together with a few holdings on AIM, PLUS and some unlisted shares. Strategic Investments are minority positions where the Board seeks to maintain a close working relationship with the management of the investee. Western is represented on the boards of three of its four Strategic Investments. The general portfolio is managed by two non-executive directors, Andrew Hall and Michael Robotham, and the Board as a whole takes decisions in relation to both strategic and unlisted investments.