Stockcube PLC

March 30, 2009 06:31 ET

Statement - Cash on deposit with KS&F

                                           Stockcube Plc
                        Cash on deposit with Kaupthing Singer & Friedlander

The  Company  announced on 10 October, 2008 that its deposit of £280,000 with Kaupthing  Singer  &
Friedlander ("KS&F") had been frozen after KS&F had been placed into administration on 8  October,
2008. This deposit represented approximately 10.9 per cent of the cash and cash equivalents of the
Company and its subsidiaries as at 30 June 2008.

This  deposit, together with interest of £4,075.88, was repaid in full on 27 March,  2009  by  the
Financial Services Compensation Scheme and the Company has no further claim on KS&F.

Shirley Yeoh             Finance Director         020 7352 4001
William Vandyk           Blue Oar Securities      020 7448 4400

Contact Information

  • Stockcube PLC