Bird & Bird advises Index Ventures on its £2.75 million Series A Round Financing of Astley Clarke Limited

30 June 2008

International law firm Bird & Bird has advised regular client Index Ventures on its recent £2.75 million Series A round financing of Astley Clarke Limited, the luxury online jewellery store.

Astley Clarke Limited is the UK's leading luxury online jewellery store. The company has an expert buying team that has hand picked precious and semi-precious jewellery collections from over fifty of the world's leading jewellery designers to be sold exclusively in the company’s online boutique.

Angus Miln, a partner in the London Corporate Group, headed the Bird & Bird team, assisted by corporate associate, David Lowe, and trainee, Chris Charlton. The company was advised by Heller Ehrman (Chris Grew, Esther Stringham and Harjinder Gill).

André Dubois, General Counsel of Index Ventures, said “Bird & Bird once again delivered timely, commercially focussed advice. The firm’s expertise in the technology sector is a great fit with our investment philosophy. We look forward to working with them again on future venture transactions.”

Since joining Bird & Bird in 2007, Angus Miln has advised a number of new investor side clients - including Index Ventures, Global Finance, InMedia Invest, Aescap Venture, Tate & Lyle Ventures, E-Synergy, Scottish Enterprise, Sandpiper Investments Limited and Venture Business Research - on a series of venture capital investments and related transactions.

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For more information please contact:
Derek Gilmour / Ben Girdlestone
Tel: +44(0)20 7415 6079 or +44(0)20 7982 6470
Email: derek.gilmour@twobirds.com or ben.girdlestone@twobirds.com

Notes to Editors

About Bird & Bird

Bird & Bird is a full service international commercial law firm with offices in Beijing, Brussels, Düsseldorf, Frankfurt, The Hague, Helsinki, Hong Kong, London, Lyon, Madrid, Milan, Munich, Paris, Rome and Stockholm.

For more information on Bird & Bird please go to www.twobirds.com

About Astley Clarke Limited

Astley Clarke TM is the UK's Luxury Online Jewellery Store. Their expert buying team have hand picked precious and semi-precious jewellery collections from the world's most impressive jewellery designers to sell exclusively in their online boutique. Because their designers are from New York, London, Milan, Paris and India they carry a truly unique mix of designer jewellery.

Astley Clarke has a new showroom in Central London. Customers are welcome to make special appointments at their jewellery boutique to come and see their jewellery. Please contact the customer service team on 0870 850 5685 (UK) or +44 (0)207 706 0060 (if calling from overseas) to make an appointment.

All Astley Clarke jewellery is created with precious or semi-precious stones, gold, platinum, vermeil or silver. Most of their collections are exclusively sold at Astley Clarke in the UK so you simply won't find their products anywhere else.

Astley Clarke is committed to sourcing exquisite designer jewellery and they strive to provide the personal service of a select London boutique. Astley Clarke was recently voted one of Britain's 'Luxury Brands of Tomorrow' by The Walpole Group, the British Luxury Brand Association. In 2008, Astley Clarke will be participating in Coutts London Jewellery Week where they will be running London's Jewellery Treasure Hunt and leading the search for the Young Jewellery Designer of the Year 2008.

Astley Clarke jewellery is delivered within 24 hours within the UK and 1 week for overseas orders. A gift wrap service is available.

For more information on Astley Clarke, please go to www.AstleyClarke.com