For Immediate Release                                         26 January 2012

Performance of Funds - Monthly Update

The following table gives the performance for the month ended 31 December 2011 of the funds managed by the Group's subsidiary Shore Capital Limited, other than products where monthly statistics are not available.

The table below shows returns for the month:       

Notes

1                Total return and IRR include the effect of the tax relief gained upon initial investment.        

Further details of these funds including inception dates and strategies are given in the Group's 2010 Annual Report and Accounts. The returns of all managed fund products are after an accrual for any carried interest and are net of a provision for all management fees and expenses. The returns for the discretionary portfolios and multi-manager products are gross.

Total funds under management as at the end of December 2011 were £1.2 billion, equivalent at that date to $1.9 billion.

Enquiries:

Shore Capital

Graham Shore       020 7408 4090    

Buchanan Communications:
Richard Oldworth                020 7466 5000
Jeremy Garcia
Helen Chan

Notes to Editors

Shore Capital

1. Shore Capital is an AIM-listed independent investment group.  It specialises in principal finance, equity capital market activities and alternative asset management.  The Equity Capital Markets division ("ECM") offers a wide range of services for companies, institutions and other sophisticated clients, including corporate finance, stockbroking and market-making.  Shore Capital Limited manages specialist funds, with a particular focus on alternative asset classes.

2. Shore Capital is based in Guernsey, London, Liverpool, Edinburgh and Berlin.  Shore Capital Limited, Shore Capital Stockbrokers Limited and Shore Capital and Corporate Limited are each authorised and regulated by the Financial Services Authority.  Shore Capital Stockbrokers Limited is a member of the London Stock Exchange.

3. Further information on Shore Capital, its products and services can be found at www.shorecap.gg

For Immediate Release                                         12 January 2012

Performance of Funds - Monthly Update

The following table gives the performance for the month ended 30 November 2011 of the funds managed by the Group's subsidiary Shore Capital Limited, other than products where monthly statistics are not available.

The table below shows returns for the month:       

Notes

1                Total return and IRR include the effect of the tax relief gained upon initial investment.        

Further details of these funds including inception dates and strategies are given in the Group's 2010 Annual Report and Accounts. The returns of all managed fund products are after an accrual for any carried interest and are net of a provision for all management fees and expenses. The returns for the discretionary portfolios and multi-manager products are gross.

Total funds under management as at the end of November 2011 were £1.3 billion, equivalent at that date to $2.0 billion.

Enquiries:

Shore Capital

Graham Shore       020 7408 4090    

Buchanan Communications:
Richard Oldworth                020 7466 5000
Jeremy Garcia
Helen Chan

Notes to Editors

Shore Capital

1. Shore Capital is an AIM-listed independent investment group.  It specialises in principal finance, equity capital market activities and alternative asset management.  The Equity Capital Markets division ("ECM") offers a wide range of services for companies, institutions and other sophisticated clients, including corporate finance, stockbroking and market-making.  Shore Capital Limited manages specialist funds, with a particular focus on alternative asset classes.

2. Shore Capital is based in Guernsey, London, Liverpool, Edinburgh and Berlin.  Shore Capital Limited, Shore Capital Stockbrokers Limited and Shore Capital and Corporate Limited are each authorised and regulated by the Financial Services Authority.  Shore Capital Stockbrokers Limited is a member of the London Stock Exchange.

3. Further information on Shore Capital, its products and services can be found at www.shorecap.gg

Shore Capital Group Limited

16 December 2011

Further to the trading update of 25 November 2011, Shore Capital Group Limited (the "Company") announces that the directors of Puma Hotels plc ("Puma Hotels) have informed the Company that Puma Hotels has signed a standstill agreement with Barceló Corporación Empresarial S.A. ("BCE").  This agreement relates to the leases ("the Leases") of the hotels owned by Puma Hotels which are held by various UK subsidiary undertakings of BCE (together "the BCE Entities").  

This standstill agreement states that BCE will on or before 25 December 2011, pay or procure payment by the BCE Entities to Puma Hotels of £4.5m plus VAT in part payment of the rents and VAT due to be paid on 25 December 2011.  The part payment is in consideration of Puma Hotels agreeing that it will not take any action before 25 February 2012 against the BCE Entities in relation to non-payment of rents due on 25 December 2011 under any of the Leases.  The rents would otherwise have been £8.09m plus VAT for the quarter commencing 25 December 2011 and ending on 24 March 2012.

The standstill agreement is expressly without prejudice to any other rights that Puma Hotels may have against BCE or the BCE Entities, including (without limitation) in relation to the unpaid sums due under the Leases.  

In light of the reduced amount of rent received, the shareholder payments normally paid by Puma Hotels on 31 December, relating to the Deep Discount Bonds and Cumulative Convertible Preference Shares, will be deferred until further notice.  

For more information: