RNS Number : 1824V
  IFR Capital PLC
  23 May 2008
   


    IFR Capital PLC ("the Company")
    High Court Proceedings
    Further to the announcement made on 30th April, ACP Capital and ACP Mezzanine have applied for summary judgement and interim relief in
respect of their claim to flex the margin on a part of IFR Capital's debt. Following the interim hearing in the High Court this week, both
of ACP's applications were rejected, and a trial date was set for July. 

    23 May 2008

    Enquiries:

 Chris Wells, Stewart Wallace, Collins Stewart Europe     +44 (0) 20 7523 8350
 Limited
 (Nominated Advisor to the Company)  
    











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