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1st February 2008 Letter to Shareholders Dear Shareholder LBO Capital Inc I am writing to you now as the managing director of Longborough Capital plc in which you are a shareholder. As you know Longborough is a UK registered company which owns various enterprises in the USA. Two of those enterprises are Global Tech International Inc and Advanced Digital Components International Inc. For some time the board of Longborough has looked at the possibility of listing Longborough or one of its subsiduaries on a market in the UK or the USA or, indeed, elsewhere in the world. Just before Christmas we were offered the opportunity to reverse GTI and ADCI into a NASDAQ shell called LBO Capital Inc. As part of that transaction it was agreed with the parties controlling LBOC that the debt owed by LBOC would be converted into stock, that various fees and expenses would effectively be capitalised and that Longborough would sell GTI and ADCI for a controlling stake. Net of all the costs and debt conversions involved Longborough will have 77% of LBOC. LBOC is a pink sheet NASDAQ company. Its shares are currently trading at about 25 cents. The definitive agreements were signed on 31 December with a closing date of 15 February. After all the debt conversions and the reversals have been completed there will be 20million shares in issue. Existing shares will be consolidated down. In effect the new share price (based on the consolidation) would be the equivalent of $2 a share. The board of Longborough felt that this transaction would give a boost to Longborough endeavours to exploit its technologies and secure a profile in a public market. Might I also say that the board does look to distribute stock in LBOC to the underlying shareholders in Longborough in due course. This will depend upon shareholder approval at a general meeting of Longborough which will happen later this year. In the meantime I feel confident this is a major step in the future success of Longborough. Yours sincerely Mario DiNello
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