Trading and Strategy Update

29 September 2011

                         RIVINGTON STREET HOLDINGS PLC                         

                                  PLUS: RIVP                                   

                             ("RSH"or "THE GROUP")                             

                          Trading and Strategy Update                          

The Directors of Rivington Street Holdings, the PLUS quoted conglomerate, are
pleased to announce that results for the year ended 31 August 2011 are
currently anticipated to be broadly in line with budget.

In preparation for a move to AIM the results will be reported under IFRS rather
than UK GAAP.

Strategy Update

In the Spring of this year, CEO Tom Winnifrith indicated his intention to focus
his energies on the growth of the Group's fund management division, T1ps
Investment Management ("TIM") and the acquisitions vehicle Rivington Street
Ventures Limited ("RSV") as well as concentrating on overall corporate strategy
for growth.

As a result Mr Winnifrith will remain on the Board of RSH while stepping down
from his position as CEO. Mr Winnifrith's main board role will be Director of
Strategy and he will be CEO of both TIM and RSV - the two of the three biggest
divisions, in terms of profitability, for the Group.

Michelle Lees, who joined the Group in April 2011 as Chief Operating Officer
and Compliance Officer, has been appointed to the main board of RSH as COO.

Following a review of RSH's business operations, the Group has further
decentralised its operational decision making process. Four divisional heads
will report directly to the Board of RSH: Peter Greensmith who heads Rivington
Street Corporate Finance Limited ("RSCF"), Mark Robertson who runs RSH's four
technology businesses, Brian Gould who is the head of Rivington Street
Stockbrokers and Amit Pau, the CEO of Rivington UK, who is responsible for
Viewpoint, Rosslyn, Bishopsgate, t1ps.com and Minesite/Oilbarrel.

All group finance, legal, HR and compliance functions will report direct to
Michelle Lees.

While divisional strategy for growth and overall budgets are agreed between the
Board and divisional heads, the allocation of pay, bonuses and share options
from each divisional pool shall be at the discretion of divisional heads. The
divisional heads will have full operational control over their respective units
which continue to operate as stand-alone units divided by both geography and by
strict internal controls.

The Directors of RSH believe that giving full accountability to individual
business heads will foster greater entrepreneurial spirit and a greater focus
on the bottom line and will thus deliver clear benefits for shareholders.

The Group strategy remains to use the cash generated from operations to support
a progressive dividend; share buybacks where appropriate and to complement the
strong organic growth seen across the group by selective acquisitions,
unrestrained by geography or sector but driven by value.

All business units within the Group are expected to deliver sustained
profitability within 30 months of acquisition or from the start of trading and
if that goal is not achieved their future within the group cannot be assured.
Whilst RSH operates an internal capital market, the Board believes a
loss-making unit has no right to expect a perpetual subsidy from the labours of
others. Following a review of our portfolio of businesses we believe that -
based on current trading patterns none appear likely to fail such a test.

The intention is that in future acquisitions will be larger than has been the
case historically but fewer in number and that any transactions completed will
not involve the issue of additional Rivington equity. Tom Winnifrith and the
team at RSV continue to assess a number of opportunities for the Group as well
as accelerating the rollout organic growth opportunities including the
expansion of Minesite.com into Canada and the opening of an Indian office to
support t1ps Investment Management, t1ps.com and the technology businesses.

There will be a shareholder presentation, open to all, at 6.15 PM tonight (29
September) at The Real Man Pizza Company, 91-95 Clerkenwell Road, London, EC1R
5BX, covering all details of this announcement. It will be hosted by Tom
Winnifrith, Amit Pau (CEO RSH UK), Peter Greensmith (CEO RSCF) and Mark
Robertson (CEO Blue Curve Limited and RSV Director). For more details contact
Laura Stevens on 0207 562 3350.

Tom Winnifrith commented: "I have been working for some months on transitioning
the day to day management issues associated with people-heavy businesses to a
highly experienced team, which includes two former CEOs of AIM companies and a
senior executive director of an AIM company as well as the very capable
Michelle Lees. We have worked extremely hard over a number of months to ensure
that we have the appropriate structure and personnel in place to best suit our
growth plans moving forward.

"I greatly look forward to a new era of Board accountability that comes with
complete operational independence for the Senior Executives within the Group
and to me having more time and freedom to do more of what I enjoy within RSH
and what adds most value to a company where I am, and intend to remain, the
largest shareholder."

Chairman Jim Mellon said: "These changes have involved months of planning. I am
delighted to see how the skill sets of Tom and Michelle complement each other
and know that they will give our highly talented team of business unit heads
the freedom but also the direction to continue to drive their businesses
forward as successful stand alone enterprises."

Michelle Lees said: ""I am excited about joining the RSH Board and look forward
to working with my fellow Directors and the highly capable team of divisional
managers to take RSH forward."

Background Notes: RSH operates 20 business units from nine distinct offices.
The divisional CEOs are:

Peter Greensmith - Rivington Street Corporate Finance

Brian Gould - Rivington Street Stockbrokers (www.JPJShare.com)

Amit Pau - Rivington Street UK (Bishopsgate Communications, Viewpoint, Rosslyn,
Minesite, Oilbarrel)

Mark Robertson - RSV Technology (Blue Curve, Jovus, Softline, Ability, Formjet)

Tom Winnifrith - t1ps Investment Management, RSV (Overall) and Presentation
Matters, Flatlands & RMPC directly

   The Directors of the issuer accept responsibility for this announcement.    

                                    -ENDS-                                     

Enquiries:

Rivington Street Holdings

Michelle Lees/Tom Winnifrith 020 7562 3350

VSA Capital Limited

Charlie Wilson/Peter Damouni 0203 005 5000

Bishopsgate Communications

Laura Stevens/Giang Nguyen 020 7562 3350



END


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