ACEP Aspen Energy

RNS Number:9577F
Libertas Capital Group PLC
10 July 2006


10 July 2006

                           LIBERTAS CAPITAL GROUP plc

              PART REALISATION OF FIXED ASSET INVESTMENT INTO CASH


Libertas Capital Group plc (AIM: LBR) ("Libertas Capital" or "the Company"), the
financial services firm, is pleased to announce that Aspen Clean Energy plc 
("Aspen"), a company in which Libertas Capital has an interest of 30.2%, has
agreed at an Extraordinary General Meeting that, subject to Court approval, cash
will be returned to shareholders as a result of the disposal of its trading
subsidiary.

The capital reorganisation of Aspen will result in a cash payment of 5.9p for
each ordinary share owned. Libertas Capital holds 51,228,124 ordinary shares in
Aspen, which were included within fixed assets investments at 31st December 2005
at the issue price of 10p each. Subject to court approval being obtained by
Aspen, Libertas Capital will receive in August #3.02m in cash.

As the result of the capital reduction in Aspen's shares from 169,450,000
ordinary shares to 69,474,500 ordinary shares, Libertas Capital's holding will
reduce to 21,003,530 ordinary shares representing 30.2% of Aspen's issued shares
capital. Aspen will be a shell company holding some #4m in cash, including some
#1.1m held in an escrow account to cover any warranty claims that may arise from
the disposal. The Directors of Aspen have stated that they consider that it is
unlikely that any claim will arise under the warranties. The Directors of Aspen
intends to seek further acquisitions.

For Libertas Capital, whilst this transaction has no profit effect upon the
trading results as the redemption of the Aspen shares is at an effective price
of 10p per share (being the price at which the shares were originally issued by
Aspen), it has a significant and positive cash flow impact.

Commenting on the announcement, Jakob Kinde, Executive Chairman of Libertas
Capital, said: "We are delighted with the part realisation of this investment
which demonstrates our skills in turning our equity investments into cash. This
will enhance further Libertas Capital's continued expansion and its ability to
capitalise on opportunities in the interests of its shareholders"


For further information please contact:

 Libertas Capital Group plc                                 +44(0)20 7569 9650
 Jakob Kinde, Executive Chairman
 Henry Okereke, Chief Executive

 Shore Capital                                              +44(0)20 7408 4090
 Guy Peters

 Grant Thornton                                             +44(0)20 7383 5100
 Graeme Thom/ Fiona Owen

 Buchanan Communications                                    +44(0)20 7466 5000
 Charles Ryland /Mary-Jane Johnson


Notes to Editors


About Libertas Capital Group plc

Libertas Capital is a UK-based financial services firm offering its clients a
full range of dedicated independent Corporate Finance Advisory, Research and
Distribution services.

Corporate Finance services include advice on M&A, public and private fund
raising, private equity encompassing development capital, MBOs and MBIs,
valuation and exit strategy. In the Securities business Libertas Capital offers
research to corporate and institutional clients, via Equity Growth Research and
Libertas Capital Research, over a global distribution network. Libertas Capital
is focused on the small to mid cap market in the UK, Northern Europe, the Nordic
region, the US and Asia where the Group has gained widespread experience and
developed strong relationships.

Libertas Capital concentrates primarily on growth companies across a number of
industry sectors with a particular focus on environmental sciences, natural
resources, technology (software and business services) and medical technology.



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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