Director Shareholding: 13 April 2010

Panmure Gordon & Co. plc (“the Company”) announces that, on 13 April 2010, Tim Linacre, Chief Executive of the Company, purchased 20,000 ordinary shares of 4p each in the Company at a price of 42.5p.

Consequently, Tim Linacre’s beneficial holding in the Company’s shares is now 119,240 ordinary shares, representing 0.08% of the Company’s issued share capital. In addition Mr Linacre has an option over 2,472,738 shares held in the Panmure Gordon & Co. plc No 2 Employee Benefit Trust which are currently exercisable and over which he is able to exercise voting rights, which when aggregated with his existing holding represents 1.79% of the Company’s issued share capital. He also holds 872,731 performance share options which are currently exercisable. All options are at an exercise price of 4p and have no expiry date.