SOURCE: London & Pacific Healthcare Inc.

March 26, 2007 09:30 ET

London & Pacific Healthcare, Inc., to Pursue Listing on OTC Bulletin Board

EL SEGUNDO, CA -- (MARKET WIRE) -- March 26, 2007 -- London & Pacific Healthcare, Inc. (PINKSHEETS: LDPH) ("London & Pacific," www.lphealthcare.com), a diversified healthcare holding company, announced today that it is undertaking the necessary steps to become a fully reporting company and apply for listing of the Company's common stock on the Over-the-Counter Bulletin Board (OTCBB).

"We are excited about the planned move to the OTC Bulletin Board, and the increased visibility and liquidity of London & Pacific in the financial markets will be a pivotal step toward enhancing shareholder value and achieving our objectives," commented Mr. Stuart Bruck, Executive Chairman of London & Pacific. "The Company is growing its new businesses and revenues at a reasonable pace and we feel that it is time to begin the process to move to an exchange that better suits our needs. We will begin the auditing and filing process in April 2007."

As part of the OTC Bulleting Board application and approval process, London & Pacific is required to meet certain eligibility criteria including the filing of audited financial statements in order to become fully reporting with the Securities and Exchange Commission.

About London & Pacific Healthcare, Inc.

London & Pacific Healthcare, Inc., with offices in Los Angeles and London, operates three synergistic operating divisions that capitalize on emerging growth opportunities in the global healthcare industry. Its London-based division City & Westminster Advisers Limited provides comprehensive strategic and financial advisory services to healthcare start-ups, small- and mid-sized organizations. Its two California-based divisions, HealthSPAC LLC, acts as an incubator for Special Purpose Acquisition Companies (SPACs), which are "blank check" companies that go public with the intention of merging or acquiring a company with the proceeds of an initial public offering and Healthcare Fund Advisors LLC, provides specialized buy-side sourcing and analysis services to clients that invests in the global healthcare sector. For additional information, please visit the corporate website at www.lphealthcare.com.

Safe Harbor Disclaimer: This press release contains "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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