Linsure Acquires Rare Car Dealer Nicholson Cars Ltd.

HOUSTON--May 4, 2005--Linsure Holdings, Inc. (Pink Sheets:LSHJ) (http://www.linsureholdings.com) has acquired a majority stake of 74.5% in Nicholson Cars Ltd. All other outstanding shares will remain with the Nicholson family for the time being although an option agreement is also in place in respect of a further 5% which is exercisable under certain conditions. Announcing the acquisition whilst speaking today at the BCC annual dinner in Barcelona, CEO Paul Taylor said "The market for extremely rare quality cars will always be and always has been strong, given the number of high net worth individuals willing to collect such vehicles and take a medium to long term ownership view."

Future profitability also lies in a newly agreed concession underwritten by Linsure, with Koenigsegg of Sweden a specialist car manufacturer, allowing rights over all sales of products in the Iberian Peninsula, Balearic and canary Islands. "We look forward to working with Koenigsegg and retailing what we consider to be possibly the most innovative extreme sports car ever constructed. Instead of playing performance-leapfrog with other constructors, Koenigsegg have started out in front and fully intend to stay there. If we think 820 horsepower is enough today, then wait and see what happens next year. The car is tremendous on the track or road and is also a real pleasure to own and drive," said Taylor.

The Koenigsegg is available for sale now. Prices start at EUR 730,000 each. www.koenigsegg.com/movies/index.asp

About Linsure Holdings, Inc.

Linsure Holdings, Inc. is a diversified holding company with strategic interests in litigation funding and real estate developments in Europe. The Company is headquartered in Houston, with representative offices in London and Spain.