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23 June 2010

Leading financial claims management company plans growth strategy with equity investment 23 June 2010 – Cheshire based Hamilton Brady, a UK leader in financial claims management, has today announced the successful completion of an equity investment from leading London based mid-market investment vehicle Consilium Ventures. Pete Petrondas, founder and Executive Chair of Hamilton Brady, commented: "We are delighted to announce the completion of our first equity investment round. To attract this investment from a leading investment firm such as Consilium Ventures proves that, when a strategy is executed correctly by an experienced management team, there exists significant long-term potential for ethical, customer focused businesses in a marketplace notorious for its deficiencies and highly fragmented nature." Petrondas, who remains majority shareholder of Hamilton Brady following the investment, added: "The capital will be utilised to develop our brand and our business, and will allow us to achieve our objective of becoming the UK’s one stop shop for consumers seeking honest advice and support with making any type of financial claim. Our ethical approach to business, strict no win - no fee policy and wide ranging portfolio of services have helped us successfully settle claims worth thousands of pounds for thousands of consumers throughout the UK already. The capital will allow us to increase our market penetration and deliver on our rapid expansion strategy." Consilium Ventures will take a substantial minority equity stake in the business through its investment for an undisclosed sum. Curt Hopkins, Chief Executive of Consilium Ventures, commented on the transaction: "Hamilton Brady has demonstrated through its service, systems and management that it is a clear leader in its field and, as leading investment partner, we are looking forward to a long and successful future with the management team as they execute their strategy. Pete is an exceptional entrepreneur with a history of delivering shareholder value, and he is complemented in this case by a first class management team led by co-founder and Managing Director Quy Tien. Consilium Ventures focuses on businesses that have created a strong business concept, operate in a large and growing market segment and have outstanding management. Hamilton Brady excelled in satisfying the criteria involved in our investment selection process." Quy Tien, co-founder and Managing Director of Hamilton Brady, commented: "securing the investment from Consilium Ventures is a major coup for the business and gives us a distinct competitive advantage in a sector notorious for less organised and often severely under-capitalised entrants. The management team and I look forward to maximising on a sector with untold potential and delivering on our rapid growth strategy". Hamilton Brady can be contacted on 0844 873 6081 for further information. - ENDS -

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