Griffin Securities UK was established in April 2004 and is still largely, but not wholly, in the early stages of its development. The objective is to establish an indigenous UK private client broking/investment banking firm in the UK. It will broadly offer in the UK the kinds of services now offered from New York by Griffin Securities inc. to a comparable UK client base of private investors and small cap. corporate customers. These will focus largely on the AIM market and its regulatory framework which will make operations to that extent, distinct from those in the US. The difference in small cap market culture is expected will give Griffin Group something of a creative edge to its operations.

To date, Griffin Securities UK has actively pursued a policy of acquiring AIM shell companies into which selected private businesses have been reversed. It is a style of small cap corporate business that appears to make the best economic use of the AIM market. Griffin Securities UK takes significant investment in AIM listed shells and builds capital and shareholder funds by taking profits when the opportunity arises. Stephen Dean and Griffin Finance Director Vincent Nicholls FCA are the authors of these operations in the UK.

CFA Capital Group PLC
18 January 2005

CFA CAPITAL GROUP PLC
HOLDING(S) IN COMPANY


Pursuant to section 198 of the Companies Act 1985, the Board of CFA Capital
Group plc (the 'Company') today received notification that, as a result of the
disposal of 60,000,000 ordinary shares of the Company on 17 January 2005,
Griffin Group PLC no longer has a notifiable interest in the ordinary shares of
the Company.


This information is provided by RNS
The company news service from the London Stock Exchange

UK Analyst Monthly Roundup

Griffin Group
We initiated our coverage of Griffin Group on Monday January 17th. Today it has announced that it has placed its entire holding in AIM listed CFA Capital at 0.24p per share realising 144,000 in cash. That makes little difference to our P&L or balance sheet estimates.

Investors quite obviously have concerns about Griffin's lack of track record and about some of the previous ventures of chairman Stephen Dean. That is reflected in the lowly rating. If Griffin can deliver on its profits and cashflow forecasts those concerns may be eased and that gives the potential for the shares to be re-rated..

Elite Strategies PLC
28 January 2005


FOR IMMEDIATE RELEASE 28 January 2005


ELITE STRATEGIES PLC ('Elite' or the 'Company')
SIGNIFICANT SHAREHOLDING

The Company were informed yesterday that on that date Griffin Group plc acquired
5,250,000 Ordinary Shares (the 'Shares') at 0.078p per Share, resulting in a
total holding of 188,750,000 Shares or 7.25% of the issued share capital.


This information is provided by RNS
The company news service from the London Stock Exchange

Just noticed that someone bought 2,350,000 Griffin in two lots of 1,175,000 this morning at 6.53p per share.

Great thread, plenty of info. Had gff on my watchlist for the past month, any idea why the drop in sp?

Have you read the accounts? Griffin Group is run be Stephen "el-Lardo" Dean, a person with links to illegal foreign boiler rooms, who has been criticised by the Takeover Panel and who basically runs a business of screwing over shareholders.

See: http://www.thisismoney.co.uk/news/columnists/article.html?in_article_id=396298

And: http://www.thisismoney.co.uk/news/columnists/article.html?in_article_id=397988

el-Lardo is in the business of making money and his business is making money for himself, last year he paid himself the grotesque fat cattery sum of 2,739,470! Yes, you're not reading that incorrectly, he paid himself 2.7m, even though the total net assets of GFF are only 1.9m.

For more on Stephen Dean take a read of

The Dean factor, why you should avoid GFF
http://boards.fool.co.uk/Message.asp?mid=9722324&sort=whole

You would have to be mad to buy any company that Stephen Dean is involved in.