Investment West Midlands plc

May 15, 2009 10:44 ET

Shareholder Notification

                        INVESTMENTS WEST MIDLANDS PLC ("IWM" or "The Company")

The Directors of IWM have received notification that Brett Miller and Woodland Capital Limited have
sold all their shares in IWM.  Brett Miller held 700,000 shares and Woodland Capital Limited 700,000
shares. Brett Miller and Woodland Capital Limited no longer have any interest in IWM.

The Directors have received notification that Jon Pither purchased 1,400,000 shares in the Company at
a price of 1.8 pence per share on 13th May 2009.  Following this transaction Jon Pither is now
interested in 1,700,000 shares in the Company, representing 13.54 % of the issued share capital of the
Company.  Jon Pither previously owned 300,000 shares in the Company through Surrey Management Services
Limited, a company under his control.

The Directors accept responsibility for the contents of this announcement.


John Wheatley                                            01926 888302

St Helen's Capital plc                                   0207 628 5582

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