Additional Listing: 10 October 2008

Application has been made to the Alternative Investment Market of the London Stock Exchange (“AIM”) for the admission to trading of 1,388,742 ordinary shares of 4p each in Panmure Gordon & Co. plc (“the Company”).

The shares are being issued as the final part of the consideration for the Company’s acquisition of ThinkPanmure LLC (formerly named ThinkEquity Partners LLC), which was completed on 30 March 2007.

The shares will rank pari passu in all respects with the existing ordinary share capital of the Company. It is expected that the shares will be admitted to trading on 15 October 2008.

Following the issue of these shares, the issued share capital of the company will consist of 79,168,912 ordinary shares of 4p each, with each share carrying the right to one vote. Of this number, 3,470,531 ordinary shares are held in treasury, therefore the total number of voting rights in the Company is 75,698,381.