RAMSEY CROOKALL

DAILY REPORT

30TH April 2010

The London market fell today dragged lower by the oils and miners.

BHP Billiton and Rio Tinto were lower ahead of the release over the week-end of the Australian government’s review of tax rates for mining companies.

Banking giant Barclays was the worst performing blue-chip, however, despite the group reporting a 47% increase in first quarter profits. Concern over the retail business has offset bumper profits from Barclays Capital. The shares fell 21p to 340p.

Oil titan BP also fell down 19p to 565p as it continues to pull out the stops to containand clean up the Gulf of Mexico oil spill. The company said it is “ramping up preparations for a major protection and cleaning effort on the shorelines of Louisiana, Mississippi, Alabama and Florida.”

FT owner Pearson reports all parts of the company have made a good start to 2010 with the first quarter revenues up 7%.

Advertising giant WPP said a stabilisation and subsequent growth in revenue came earlier than expected.

Magners cider maker C&C Group has sold its spirits and liqueurs division to whisky maker William Grant for 300 million Euros in cash.

Bid target Forth Ports has thus far resisted all overtures from potential bidders, the Northstream consortium. The Tilbury docks operator said today that trading in the first quarter of 2010 was well ahead of the corresponding period of 2009.

THE FTSE 100 WAS down 64 @ 5548

WALL STREET THE LATEST DOW JONES WAS down 5 @ 11162

NASDAQ WAS down 12 @ 2499

and that was today’s Ramsey Crookall & Co’s market report.