Embargoed Release: 07:00hrs Wednesday 9th May 2007

                        Diamond Lifestyle Holdings Plc                         

                                (`The Company')                                

                               Change of Adviser                               

Diamond Lifestyle Holdings Plc, the financial and advisory intermediary,
specialising in the provision of mortgage broking and related services to the
sub-prime market under the Governments `Right to Buy' scheme, announces today
that it has appointed St Helen's Capital Plc as broker to the Company with
immediate effect.

For further information:

Diamond Lifestyle Holdings Plc

Paul Hughes, Chairman

Tel: 01823 322 022

Hansard Group

Andrew Tan

Tel: 020 7245 1100

St Helen's Capital Plc

Ruari McGirr

Tel: 020 7448 5971



END



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