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FirstCapital announces the appointment of John Yeomans as a Director
Press Release, 14th June 2005

FirstCapital is pleased to announce the appointment of John Yeomans as Director. He will spearhead the growth of FirstCapital's merger and acquisition business, targeted at venture backed technology companies, and lead finance raising deals in the telecommunications sector.

John brings over 25 years of valuable technological and managerial experience to FirstCapital. The last 15 of these were in the City, where he headed HSBC's TMT Corporate Finance team. The first 10 years were working in technology venture businesses, including a start up and an MBO.

Jason Purcell, Chief Executive Officer and Co-Founder of FirstCapital said "John's track record at the highest levels of corporate finance deepens our service offerings to entrepreneurs and venture capital firms, particularly in mergers and acquisitions. Entrepreneurs want advice from people who've been there, seen it and done it. John's industry and technology background brings exactly that."

Commenting on his appointment, John Yeomans said "I am delighted to be at FirstCapital, which has a top quality reputation in advising and finance raising for venture backed technology companies. I am keen to build on FirstCapital's capability, by adding my experience in global investment banking and in high growth venture backed companies, which is where my main interest lies."

John is an engineer with experience in industry and financial services. Under his direction, HSBC TMT Corporate Finance became a $120 million global business. He was a financial and strategy consultant at KPMG for 7 years, and he also worked with Regis McKenna, a Silicon Valley high technology positioning specialist. In industry he gained marketing, sales and product management experience at Mitel. His early career started in a spin out from University College London. He moved into an office technology start up, and then became a director in an MBO, leading a 10-year review of the UK Government's communications networks. He has non-executive experience in technology start ups, and holds a starred first class degree in Electrical Sciences from Cambridge University.

For further information contact: Amer Vohora, FirstCapital on 020 8563 1563 or amer@firstcapital.co.uk