SHAREHOLDER UPDATES
Q1 2008 Shareholder Presentation
EUROPEAN CAPITAL NEWS
European Capital Renews Multi-Currency Secured Credit Facility
European Capital Invests $25 Million in Groupe Unipex
RECENT PRESS COVERAGE
Jean Eichenlaub diffuse le « one-stop buy-out » en France, L'Agefi Hebdo
Mezzanine sichert die Liquidität bei der Firmenübernahme, Handelsblatt vom11. 06. 2008
European Capital poursuit son essor et déménage, CF News
NEWSLETTER
INVESTOR RELATIONS
European Capital's Institutional Shareholders as of 30 June 2008*
| Holder | Position | Report Date | Source |
| Wellington Management Co. LLP |
8,681,819 |
31-Mar-08 |
Sum of Funds |
| Fidelity Management & Research |
5,819,600 |
31-Jan-08 |
Sum of Funds |
| Rathbone Unit Trust Management Ltd. |
2,075,500 |
15-Oct-07 |
Sum of Funds |
| Alpine Woods Capital Investors LLC |
1,825,000 |
31-Jan-08 |
Sum of Funds |
| T. Rowe Price Associates, Inc. |
1,371,624 |
31-Mar-08 |
Sum of Funds |
| Rensburg Fund Management Ltd. |
500,000 |
31-Mar-08 |
Sum of Funds |
| Goldman Sachs Asset Management Intern... |
438,586 |
29-Feb-08 |
Sum of Funds |
| CI Investments, Inc. |
300,107 |
31-Dec-07 |
Sum of Funds |
| Duemme SGR SpA |
108,400 |
31-Dec-07 |
Sum of Funds |
| Cazenove Capital Management Ltd. |
87,600 |
31-Dec-07 |
Sum of Funds |
| INVESCO PowerShares Capital Managemen... |
20,558 |
31-Jan-08 |
Sum of Funds |
| ALPS Advisers, Inc. |
2,350 |
31-Mar-08 |
13F Form |
| Red Rocks Capital LLC |
1,600 |
31-Jan-08 |
Sum of Funds |
Total ECAS shares outstanding as of 30 June 2008: 107,426,872
*Source: FactSet. Filings processed through 30/6/08.