Alltrue Investments PLC
18 October 2007



FOR IMMEDIATE RELEASE                                            18 October 2007


                            Alltrue Investments Plc

                                 Board Changes

                               Sale of Subsidiary


On 17 October 2007 Mr Simon Campbell and Mr Alpesh Patel resigned as directors
of Alltrue Investments Plc ("Alltrue") and the 50,000,000 Ordinary Shares of
0.1p each ("Ordinary Shares") in Alltrue, held by Mr Simon Campbell, Alpesh
Patel Ventures Limited and Lisa Campbell, the original vendors of Information
Exchange Limited ("IX"), have been transferred to Rubi Limited ("Rubi"), a
special purpose company formed to hold their Alltrue shares. The Ordinary Shares
of Alltrue transferred by Mr Simon Campbell and Alpesh Patel Ventures Limited
represent, respectively, 8.19 and 5.12 per cent. of the issued share capital of
Alltrue.


Alltrue has today agreed to sell it's wholly owned subsidiary, IX, back to the
original vendors in exchange for their interest in Rubi, the special purpose
company that holds 50,000,000 Alltrue Ordinary Shares, being the original
consideration paid by Alltrue for the acquisition of IX, together with
arrangements for the repayment by IX of inter-company debt due to Alltrue
amounting to £240,000. The original vendors include Mr Simon Campbell and Alpesh
Patel Ventures Limited. Mr Simon Campbell and Mr Alpesh Patel became directors
of Alltrue on completion of the original acquisition. The inter-company debt is
to be repaid by IX at the higher of 10% of IX's annual turnover or £20,000 per
annum. and an option arrangement allows the IX to purchase £40,000 of such debt
for a nominal sum under certain circumstances. Rubi, which is being acquired by
Alltrue in exchange for IX, holds 50,000,000 Alltrue Ordinary Shares whose value
based upon the closing price of an Ordinary Share on AIM at the close of
business on 17 October 2007 of 0.35p is £175,000.


The commercial and business development performance of IX has not met the Board
's initial expectations and it was felt that the IX brand would be better able
to develop outside the Alltrue Group. Such positioning will allow IX to
demonstrate its independence to other financial services related clients.
Nevertheless both companies have agreed to continue to work together to exploit
the synergies already identified in respect of Alltrue's stock broking
subsidiary, Montague Pitman Stockbrokers Limited, including participation in
future IX Investor events which have proved highly successful in generating new
business leads.


For the year ended 31 December 2006, IX reported a loss on ordinary activities
before taxation £159,669 on turnover of £598,088 and had as at that date net
liabilities of £369,825. The investment in IX was included in the audited
company balance sheet of Alltrue as at 31 December 2006 at £583,780. The audited
group accounts as at that date included goodwill of £780,473 in respect of IX
and it is anticipated that the disposal of IX will result in a write-off of some
£217,000 to net assets but will eliminate any further losses from this business.
The business of IX is that of financial training and exhibitions for investors.
The proceeds from the repayment of the inter-company indebtedness as described
above will be applied for general working capital purposes of Alltrue's
continuing stockbroking businesses.


Mr Simon Campbell and Mr Alpesh Patel were directors of Alltrue until their
resignation on 17 October 2007. Mr Simon Campbell and Alpesh Patel Ventures
Limited were, prior to the transfer of their shares to Rubi and the sale of Rubi
to Alltrue, 8.19 and 5.12 per cent shareholders respectively in Alltrue.
Accordingly the transaction is a Related Party Transaction under AIM Rule 13.


Accordingly, the directors, other than Mr Simon Campbell and Mr Alpesh Patel who
had resigned prior to the transaction, have given careful consideration to the
sale terms and consider, having consulted with Alltrue's Nominated Adviser, that
the terms of the transaction are fair and reasonable insofar as shareholders are
concerned.


As a result of the transaction set out above, Mr Simon Campbell and Mr Alpesh
Patel have ceased to have any interest in Alltrue's Ordinary Shares.





For further information contact:


Leo Knifton - Chairman Alltrue Investments Plc
Tel: 020 7251 3762


Roland Cornish - Beaumont Cornish/Nominated Adviser
Tel: 020 7628 3396




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

• News Channel