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London Pacific & Partners, Inc. Reports Strong FY2009 Results with Positive 2010 Outlook
Brazil Acquisition Expected to Close in Q2 2010

Press Release Source: London Pacific & Partners, Inc. On Tuesday March 30, 2010, 7:00 am EDT
EL SEGUNDO, Calif.--(BUSINESS WIRE)--LONDON PACIFIC & PARTNERS, INC. (PINK SHEETS: LDPP - News) (“London Pacific” or the “Company”), the international investment and management advisor, today reported its full-year 2009 results, highlighted by a 55.2% and 29.7% increase in its 2009 revenues and operating profit, respectively, compared with 2008. The Company generated $1,950,897 in revenues and $706,059 in operating profit during 2009, compared to $1,257,216 and $544,222 in 2008, indicating significant advances in the Company’s strategic, operational, and financial advisory services. These results include the August to December 2009 financial performance of Acadia Group Advisors, Inc.

In August 2009, the Company completed both its acquisition of Acadia Group Advisors, Inc., a privately-held international corporate financier and private equity advisor, and a profit sharing arrangement with Harrell Hospitality Group, LLC, an established hotel management and investment firm.

London Pacific Executive Chairman Stuart Bruck said that in 2009 the Company made continued, measurable progress in moving the Company forward, noting, “Our strong financial results during the year were led by a solid performance from its Healthcare Advisory Services, London & Pacific Capital Advisors, LLC, and Acadia Group Advisors, Inc., which each had several successful engagements during 2009.

“For 2010, with the recent agreement to acquire the Ana Costa healthcare system in Brazil and continuing expansion into the hospitality and financial services sector, we will continue to focus on strengthening the company and building shareholder value.”

Regarding the acquisition of Ana Costa, a private regional healthcare system with a 125,000-member health maintenance organization (HMO), three hospitals with a total of 290 beds, three full-service clinics and related interests, Mr. Bruck stated, “We are currently expecting the approval of the transfer of the licenses by the Brazilian authorities and other conditions of closing to be met sometime in Q2 of 2010.”

About London Pacific & Partners, Inc.:

With offices in Los Angeles, Salt Lake City, London and Mumbai, London Pacific & Partners, Inc. is an international private equity and corporate finance investor and advisor focused on the transformation of undervalued and growth companies in the healthcare, hospitality, and financial services sectors. The Company’s website address is http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.londonpacificgroup.com&esheet=6231656&lan=en_US&anchor=www.londonpacificgroup.com&index=1&md5=10ebfe2c6a28c1ebfed34bfaca40a44a.

This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development acceptance, and the impact of competitive services and pricing and general economic risks and uncertainties.


Contact:
London Pacific & Partners, Inc.Michael [e-mail]