Holding(s) in Company: 3 November 2009

The Panmure Gordon & Co. plc No. 2 Employee Benefit Trust (“the EBT”) has today purchased 100,000 ordinary shares in the Company at a price of 37p per share.

These shares are to be held in the EBT and are intended to be used to satisfy share awards made under the Company’s Performance Share Plan or other future plans. The EBT is a discretionary trust for the benefit of employees including the executive directors of the Company.

Praxis Trustees Limited, as Trustees of the EBT, currently also holds 12,372,616 ordinary shares in the Company, 12,272,616 of which are the subject of share options granted to employees under the Company’s 2005 Employee Share Option Plan. The EBT’s total holding is now therefore 12,472,616 shares, representing 8.7% of the Company’s issued share capital.

Further information:

Sarah Wigley, Company Secretary 020 7614 8395

Fiona Kindness, Grant Thornton Corporate Finance 020 7728 3414
(Nominated Adviser)