ThomasLloyd Group PLC acquires 20% of LoanCheck SA Luxembourg.

12 maart 2009 ThomasLloyd Group PLC (ThomasLloyd) announced that it has agreed to acquire warrants on 20% of the equity of LoanCheck SA Luxembourg (LoanCheck). As part of the transaction, Tony Coveney, Executive Director of ThomasLloyd, has been appointed as the Chairman of the company. LoanCheck is the leading supplier of forensic analysis reports and audit services for borrowers in the United Kingdom. Through the 'LoanCheck Foundation Limited', the company operates 'www.loancheck.co.uk'. At no initial cost, the website allows borrowers to check whether they have been correctly charged fees and interest on any mortgage or consumer loan. Should there be cause for a claim, the company then offers a range of services to help consumers seek redress. LoanCheck is experiencing a rapid rise in demand for its services, and the involvement of ThomasLloyd will help accelerate the company's growth. 'This is an exciting time for LoanCheck, as it provides a key service for borrowers during these challenging times. We will be working to support the management team.' says Tony Coveney, Executive Director of ThomasLloyd and Chairman of LoanCheck. - Ends - Enquiries: ThomasLloyd Group plc +41 44 213 6767 Tony Coveney, Executive Director ThomasLloyd Capital LLC +1 212 331 7829 Anna Brescia, Vice President LoanCheck SA Luxembourg Tim Hadley, CEO +44 174 370 9090 - Notes to Editors - About ThomasLloyd Group plc ThomasLloyd is a full-service global investment banking, securities and investment management firm that provides a diverse range of financial products and services worldwide to a select client base that includes corporations, financial intermediaries, institutional clients and high-net-worth individuals. Founded as an alternative asset management company in Germany 2003, ThomasLloyd expanded through a combination of organic growth and strategic acquisitions and today comprises of two business divisions: Investment Banking, and Investment Management where it manages USD 1.9 billion of fee generating assets. The company employs more than 50 professionals internationally, offering all its core activities in Americas and Europe and select activities in the Middle East and Asia. About LoanCheck SA Luxembourg Listed on the Frankfurt Stock Exchange, ISIN LU0374350667, LoanCheck SA Luxembourg is a leading provider of forensic research into consumer loans and mortgages. Through it subsidiary, Ascot Legal Services Ltd, the company also provides litigation finance to Lawyers for disbursements associated with a case, which enables the firm to represent a consumer client with a strong claim against their lender. It is important to LoanCheck that the consumer is not put under any further financial stress in the process of pursuing the case to conclusion. To complement the case finance supplied by Ascot Legal Services Ltd the Lawyer is responsible for insuring the case against loss, therefore and in turn, securing the repayment of the litigation finance. The company was originally founded in 2007 and listed on the Frankfurt Exchange in the summer of 2008. Most recently, the company has launched 2 new services; the LoanCheck Gold Service, for clients seeking faster redress, and the Payment Protection Insurance Service. The PPI service is a direct response to client feedback and dissatisfaction with this discredited product. This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.