CRK Clerkenwell

RNS Number:0161E
Clerkenwell Ventures PLC
18 September 2007


                            Clerkenwell Ventures plc
                   ("Clerkenwell Ventures" or the "Company")

                            Appointment of Director

The directors of Clerkenwell Ventures, are pleased to announce the appointment
of Stefan Borson as Corporate Development Director of Clerkenwell Ventures.

Following qualification as a Solicitor in 2000 with Addleshaw Goddard, Stefan,
spent over seven years in Corporate Finance at Investec Investment Bank
specialising in the leisure and retail sectors. At Investec, he advised both
private and public companies (including Clapham House Group plc, Manchester City
plc, PartyGaming plc, Sportingbet plc and Sportech plc) on a wide range of
transactions, including acquisitions, takeovers, IPOs, pre-IPOs and debt and
equity fundraisings. In 2006, Stefan also assisted with the principal
acquisition by Investec plc of IdaTech, LLC. Stefan joined Clerkenwell Ventures
in August 2007.

Paul Campbell, Non-Executive Director of Clerkenwell Ventures said "Having known
and worked with Stefan for some time, I am delighted that he has joined
Clerkenwell Ventures to assist with the execution of our acquisition and
development strategy."

Stefan Leon Borson, aged 32, has within the last five years been a director of
the following companies:

41 Limited (current directorship)

Idatech UK Limited (resigned)

There are no other matters which are required to be announced with regard to
this appointment under paragraph (g) of Schedule 2 of the AIM Rules.

Enquiries:

Clerkenwell Ventures plc
Paul Campbell, Non-Executive Director                   07785 228 299
Stefan Borson, Corporate Development Director           07824 638 553

Seymour Pierce Limited
Nicola Marrin                                           020 7107 8000

Hogarth Partnership                                     020 7357 9477
Julian Walker


About Clerkenwell Ventures:

Clerkenwell Ventures, was formed and listed on AIM (CRK.L) in October 2004 to
acquire businesses in the leisure sector with the following criteria:

   *Potential for rapid growth and/or above average cashflow and dividend
    yield;

   *Strong operational management; and

   *Proven business models and attractive returns on capital invested.

Upon flotation, Clerkenwell Ventures raised #3.9 million and, on 10 September
2007, the Company successfully concluded a further #25.6 million equity
fundraising from institutional and other investors to improve deal flow and
enable Clerkenwell Ventures to resource deal search and execution of the
Company's strategy. The funds will be deployed in making acquisitions and the
Company is currently actively pursuing a number of acquisition targets.


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

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