SOURCE: London & Pacific Healthcare, Inc.

July 08, 2008 08:00 ET

Cancellation of 750,000 Previously Issued Common Shares

EL SEGUNDO, CA--(Marketwire - July 8, 2008) - London & Pacific Healthcare, Inc. (PINKSHEETS: LDPH) and (FRANKFURT: EGU) ("London & Pacific," the "Company"), the healthcare development specialist, today announced the cancellation of 750,000 common shares of the Company it had previously issued. The shares have been cancelled due to discontinuation of a service contract. The number of shares outstanding of the Company will therefore be reduced by 750,000.

With offices in Los Angeles, London and Mumbai, London & Pacific Healthcare, Inc. is a specialist in the development and management of healthcare companies and organizations, worldwide. The Company website: www.lphealthcare.com.

Safe Harbor Disclaimer: This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are "forward-looking statements" are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties or other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as: the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels.

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