Re: Investment in InterMed

RNS Number:2366X
August Equity Trust PLC
25 May 2007


August Equity Trust plc realises its investment in InterMed Holdings Limited

August Equity Trust plc ('AET') is pleased to announce it has realised its
investment in InterMed Holdings Limited ('InterMed') through the sale of the
company in a #27.5 million MBO backed by a US venture capital firm.  The
investment was held indirectly through August Equity Partners I ('AEP I').
AET's share of the realisation proceeds is #3.4 million. This is #1.3 million
over the valuation as at 31 December 2006.

AEP I is a limited partnership to which AET has committed #50 million.  AET and
AEP I are both managed by August Equity LLP.


For more information please contact:

Tim Clarke
Partner
August Equity LLP
020 7632 8241

Mani Pillai / Francesca Reville
Penrose Financial
020 7786 4884/4814

25 May 2007

                      This information is provided by RNS
            The company news service from the London Stock Exchange
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