The Directors of the Spencer House Capital Management Fund plc, of which the SHCM Global Equity Fund (“the Fund”) was a sub-fund, recently approved the appointment of J O Hambro Investment Management (“JOHIM”) as Investment Manager, Promoter and Distributor of the Fund. On 1 February 2011, the SHCM Global Equity Fund was transferred to JOHIM and renamed the JOHIM Global Fund.

Please contact J O Hambro Investment Management for fund queries:

Victoria Monk,  Marketing
Tel: +44 20 7484 2061
Email: waverton@johim.co.uk

Stephen Browne,  Director of Marketing
Tel: +44 20 7484 7498
Email: marketing@johim.co.uk

21 St James's Square
London, SW1Y 4HB
Tel: +44 20 7484 7484
http://www.johim.co.uk/



With effect from 31 December 2010 Compass Asset Management has agreed to take over from Spencer House Capital Management LLP the investment advisory services that the latter currently provides to Spencer House Compass Capital Limited, the manager of Tau Capital plc. For contact information, please visit http://www.taucapitalplc.com/ or email info@taucapitalplc.com.