ARCH Arc Capital

RNS Number:3439W
ARC Capital Holdings Limited
10 May 2007





10 May 2007



           ARC CAPITAL HOLDINGS COMPLETES US$375 MILLION FUNDRAISING



ARC Capital Holdings Limited (the "Company" or "ARCH") announces the closing of
its second round of fundraising (the "Fundraising").  Overwhelming demand from
existing and new investors resulted in the offering being approximately 2.5
times oversubscribed. Consequently the placement has been sized at the upper end
of the target range at US$375 million.



The funds raised will be used to implement the Company's strategy of investing
in China's rapidly growing retail and consumer sectors. A substantial pipeline
of deals has already been identified and it is anticipated that ARCH will invest
the bulk of the proceeds of this Fundraising into these deals over the next six
months.



Rachel Chiang, Managing Director at ARC Capital commented:



"We are very encouraged by the response to the Fundraising, reflecting the
strong investor confidence in the retail and consumer sector in China and in our
ability to source attractive opportunities. This is an exciting sector that will
continue to grow and we are confident that ARCH will continue to be a leading
player within it."



The Fundraising was completed through the sale of 275,735,294 new ordinary
shares at a price of US$1.36 per share. Admission to trading of the 275,735,294
new ordinary shares will take place today. As a result of the Fundraising, the
Company has 395,735,294 ordinary shares in issue and its current market
capitalisation is approximately US$574 million.



As a result of the Fundraising, the following information is required to be
disclosed in accordance with Rule 17 of the AIM Rules for Companies (the "AIM
Rules"):



*         Mr. Horst F. Geicke, a director of the Company, has subscribed for an
additional 467,647 ordinary shares. This additional subscription brings Mr.
Geicke's total shareholding to 567,647 ordinary shares, representing
approximately 0.14% of the Company's total voting rights.



*         Mr. Christopher Gradel, a director of the Company, has subscribed for
367,647 ordinary shares, representing approximately 0.09% of the Company's total
voting rights.



*         Mr. Martin Adams, a director of the Company, has subscribed for an
additional 185,000 ordinary shares. This additional subscription brings Mr.
Adams' total shareholding to 335,000 ordinary shares, representing approximately
0.08% of the Company's total voting rights.



*         Mr. Guy Heald, a director of the Company, has subscribed for an
additional 200,000 ordinary shares. This additional subscription brings Mr.
Heald's total shareholding to 250,000 ordinary shares, representing
approximately 0.06% of the Company's total voting rights.



The Company is aware that the following shareholders have subscribed for more
than 3% of the new ordinary shares offered in the Fundraising:


Registered Shareholder                                 Percentage of the enlarged 
                                                       total voting rights of the
                                                       Company
QVT Financial LP                                       10.6 per cent.

British Steel Pension Fund                             4.5 per cent.
Northview Services                                     4.2 per cent.
Metage Special Emerging                                4.0 per cent.
Berggruen Holdings                                     3.7 per cent.
OZ Management LLC                                      3.2 per cent.

Drawbridge Global                                      3.2 per cent.



The shareholdings of existing substantial shareholders may change following the
issue of the new ordinary shares.  The Company will issue a notification at a
later date if it becomes aware of any relevant changes in such shareholdings
that are required to be notified in accordance with Rule 17 of the AIM Rules.



About ARC Capital Holdings Limited



ARC Capital Holdings Limited is a closed-end fund traded on the AIM Market of
the London Stock Exchange. The Company was admitted to trading in June 2006, to
make and hold investments primarily in the retail, consumer products and
services sectors of China, Greater China and other countries in Asia.



For further information, please contact:




MANAGER:                                              INVESTOR RELATIONS:
Clement Kwong, Managing Director                      Simon Moyse/ Brian Cattell
ARC Capital Partners Limited                          Finsbury Group
Suite 1905 City Center of Shanghai                    Tel: +44 20 72513801
Tower A, 100 Zunyi Road                               simon.moyse@finsbury.com
Shanghai, PRC 200051                                  brian.cattell@finsbury.com
Tel: +8621 62371202
Fax: +852 35447699
clement@arccapitalchina.com



BROKER:                                               NOMINATED ADVISER:
Hiroshi Funaki                                        Philip Secrett
LCF Edmond de Rothschild Securities                   Grant Thornton Corporate Finance
Tel: +44 20 7845 5960                                 Tel: +44 870 991 2578
Fax: +44 20 7845 5961                                 Philip.J.Secrett@gtuk.com
funds@lcfr.co.uk


LEGAL COUNSEL:
Jon Lewis, General Counsel
Pacific Alliance Group
16/F St. John's Building
33 Garden Road
Central, Hong Kong
Tel: +852 29180088
Fax: +852 29180881
jlewis@pacific-alliance.com






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