European Wealth : EWG Result of EGM – click HERE to download

European Wealth Group Limited

(the "Company")

Results of EGM

European Wealth Group Limited (AIM: EWG, EWGL), the integrated wealth management group, announces that at the Extraordinary General Meeting held earlier today all Resolutions were duly passed, including Resolution 3 to approvethe Company'sintention to change its name to Kingswood Holdings Limited, in respect of which a further announcement will be made at the appropriate time. A poll was held on each of the Resolutions proposed at the Extraordinary General Meeting.

The results of the poll are set out below:

Resolution 1

To authorise the Directors to issue up to (and including) 343,703,703 ordinary shares of 5 pence each in the share capital of the Company pursuant to the exercise of the Conversion Rights contained in the Facilities Agreement (or such higher number of ordinary shares as is necessary in order to give effect to the Conversion Rights contained in the Facilities Agreement), as if article 2.2 of the articles of incorporation of the Company and any pre-emption rights included therein did not apply to the issue, with such authority to expire on the fifth anniversary of the passing of this Resolution 1:

Votes for	Votes against	Total votes cast	Votes withheld	Result
69,116,003 (94.7%)	3,868,389 (5.3%)	72,984,392	5,682,610	Resolution passed

Resolution 2

To approve the waiver by the Panel on Takeovers and Mergers of any requirement on KPI (Nominees) Limited to make a general offer for the ordinary issued share capital of the Company, as a result of the issue to KPI (Nominees) Limited of any ordinary shares in the capital of the Company arising on the exercise of the Kingswood Conversion Rights:

Votes for	Votes against	Total votes cast	Votes withheld	Result
25,126,088 (86.7%)	3,868,389 (13.3%)	28,994,477	5,682,610	Resolution passed

Resolution 3

To approve that the Company changes its name to "Kingswood Holdings Limited" (with effect from the completion of the Newbridge Acquisition):

Votes for	Votes against	Total votes cast	Votes withheld	Result
77,454,505 (98.5%)	1,212,497 (1.5%)	78,667,002	0	Resolution passed

For further details, please contact:European Wealth Group LimitedMarianne Ismail

Hugo EvansfinnCap Ltd (Nomad and Broker)

Adrian Hargrave

Scott Mathieson Anthony Adams

Redleaf CommunicationsEmma Kane

Robin Tozer

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