SOURCE: London & Pacific Healthcare, Inc.

November 19, 2008 07:00 ET

London and Pacific Healthcare Expands Through Healthcare Broker Acquisition

EL SEGUNDO, CA--(Marketwire - November 19, 2008) - London & Pacific Healthcare, Inc. (PINKSHEETS: LDPH) (FRANKFURT: EGU) ("London & Pacific," the "Company"), the healthcare development specialist, today announced that its acquisition of London & Pacific Capital Advisors, LLC ("LPCA") has been approved by the Financial Industry Regulatory Authority (FINRA), effective July 15, 2008.

Southern California-based LPCA provides the Company with enhanced expertise that expands its broad range of institutional corporate finance advisory services to the healthcare market to include: mergers and acquisitions, issuance of equity, general capital raising, financial restructuring and recapitalization and strategic corporate finance advisory services. LPCA is a member of FINRA.

Eric J.Weissman, President of LPCA, will remain in his position and will take on additional responsibilities with respect to the overall expansion and development of the Company.

Stuart Bruck, Executive Chairman of London & Pacific, stated, "This acquisition is a key component to the strategic plan of the Company that will enable us to further broaden our services and capabilities to clients within the US healthcare market. Eric Weissman and his team will be at the center of our growth in revenue and profitability into the future."

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.

Contact Information