Name Change Anticipated to Reflect Company Expansion

LONDON & PACIFIC HEALTHCARE, INC. (PINK SHEETS:LDPH) (FRANKFURT:EGU) (“London & Pacific” or the “Company”), the international advisory and management specialist, today announced that it has signed a letter of intent to acquire Acadia Group Advisors, Inc. (“Acadia”), a privately-held international corporate financier and private equity advisor. This announcement comes just days after the Company announced its plan to expand its service capabilities into multiple industry sectors through strategic acquisitions.

Under the terms of the transaction, Acadia’s current shareholders will receive 20 million shares of London & Pacific common stock and 10 million 7-year warrants to acquire common shares of the Company, representing approximately 22% of the Company on a fully diluted basis, in exchange for all of the outstanding shares of Acadia. The exchange ratio was determined based on the relative book values of London & Pacific and Acadia as of June 30, 2009.

Following the transaction, Acadia will be the execution arm for London & Pacific’s corporate finance transactions worldwide, and will significantly accentuate the profitability of the Company by working on existing projects, as well as finding, structuring, and negotiating future deals.

The transaction is subject to London & Pacific stockholder approval, regulatory approval, and other customary closing conditions. Assuming these conditions are met, the transaction is expected to close August 31, 2009.

It is anticipated that at the completion of the acquisition, the name of the Company will change to London Pacific & Partners, Inc. The name change reflects the Company’s growth, in both subsidiary companies and expanded service capabilities, across multiple industry sectors, including healthcare.

The primary post-acquisition task for Acadia is to list London & Pacific on one or more quotation mediums with higher investor market visibility, such as NASDAQ. Acadia is presently assisting London & Pacific with the consummation of another near-term transaction involving a hospitality management business. Acadia will also provide the Company with the expertise to acquire and manage an asset and fund management business.

Stuart Bruck, Chairman and CEO of London & Pacific, stated, “We believe Acadia makes for a great strategic fit with London & Pacific. Acadia is an immediately accretive acquisition, and one that essentially doubles our corporate finance capability.