Transaction in Own Shares

RNS Number:4535S
London Asia Capital PLC
16 April 2008




              London Asia Capital ("London Asia" or the "Company")

                             Purchase of own shares

The Company announces today that it purchased 250,000 of its own ordinary shares
at 4.7p per share on 11 April 2008.   These shares are to be held in treasury.

Following the share purchase, the Company now has 1,900,000 ordinary shares held
in treasury.

Following the share purchase, the Company has 327,378,990 ordinary shares of 5p
in issue, with voting rights attached  (one vote per ordinary 5p share). 
Therefore the total voting rights figure of 325,478,990 may be used by
shareholders  as the denominator for the calculations by which they will
determine if they are required to notify their interest in,  or a change to
their interest in, London Asia under the Disclosure and Transparency Rules.

Enquiries:

London Asia Capital:

George Allnutt                     Tel: 012 0278 6626

Seymour Pierce Limited:
Matt Thomas                        Tel: 020 7107 8000


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

END
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